Sensible Gifts Ltd

Sensible Gifts Ltd from Fareham UK: a small, active company founded 24 years ago, employs four people, and holds £36,154 in assets. Operating from a virtual address—where 129 other companies are registered—it's a solo-founded business led by one director and owner. The company regularly exports oil seeds and fruits used for oil (eight months), but only imports them irregularly (two months), with the last import occurring in March 2023.

The company operates in the retail sector, specializing in the sale of new goods in specialized stores. While a website isn't available to review, its business model appears to focus on importing and exporting agricultural products, likely for industrial use.

Financially, Sensible Gifts Ltd presents a mixed picture. While current assets have increased by 30% to £36,000, net assets have plummeted by 220% to -£24,000—a significant downturn. Bank borrowings have surged, and cash reserves have fallen by 56% to £7,700. Creditors have increased substantially, and trade debtors have ballooned, suggesting potential cash flow challenges. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor—likely due to its small size—means these figures are unaudited.

Despite the financial pressures, the company's regular export activity and niche market—agricultural products—suggest a degree of resilience. The recent changes to the director and owner lists could indicate a restructuring or new investment, which may help to stabilize the business.

Registered in England/Wales under the registration number 04051850, with a registered address at PO16 0EN, Fareham, Hampshire, 203 West Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.