Smith & Gertrude Limited

Smith & Gertrude Limited, based in Edinburgh, UK, is a small, family-run business with an active status. Founded ten years ago in 2014, it employs ten people and holds £75,191 in assets. The company operates from a real address and is led by two directors and two owners. It's a regular importer, primarily of drinks, alcohol, and vinegar, with 9 months of import activity recorded, the latest in November 2024.

The company's website, Smith Gertrude, Edinburgh Wine. Cheese. Company, reveals a dual focus. It operates a retail business selling wine, cheese, and related products both online and through two physical locations in Edinburgh. The website emphasizes curated selections, wine flights showcasing lesser-known varieties, and a wine club offering monthly deliveries. It also has a bite to eat section, offering a range of food items. The company's website also features a newsletter, encouraging visitors to sign up for updates and special offers.

Financially, Smith & Gertrude Limited presents a mixed picture. Accumulated depreciation has increased significantly, from £3,000 to £23,000, indicating increased investment in fixed assets. Cash reserves have surged dramatically, from just £5 to a substantial £20,000—a positive sign. However, net assets have decreased by 23%, reaching -£130,000, and bank borrowings have decreased by 39%. Creditors have also decreased slightly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the equity decline warrants attention. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Smith & Gertrude Limited appears to be navigating a period of change. The surge in cash reserves suggests successful sales or cost management, while the decline in equity could be due to increased investment or other factors. The company’s dual focus on retail and wine club subscriptions, along with its commitment to quality and customer service, positions it well for continued success.

Registered in Scotland under the registration number SC487491, with a registered address at EH15 2BR, Scotland, Edinburgh, 25 Bellfield Street.

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