Staunch Industries Limited

Staunch Industries Limited, based in Edinburgh, UK, is a small, active company founded 14 years ago. With just two employees and £26,862 in assets, it operates from a virtual address, registered at 19 Rutland Square, EH1 2BB. The company is led by two directors, with Gilchrist Janeanne as the sole owner, and boasts a stellar 5.0 Google rating from 11 reviews.

Staunch Industries is a creative studio and lifestyle brand, drawing inspiration from the beauty and adventure of the great outdoors, particularly the North Sea. Its website showcases a range of products, including surfboards, tees, sweatshirts, and bags, all designed to reflect a love for nature and exploration. The company operates in the retail sale via mail order houses or via internet industries.

Financially, Staunch Industries shows a mixed picture. Current assets have fallen by a significant 49% to £27,000, while net assets have plummeted a staggering 1200% to -£19,000. Bank borrowings decreased by 24% to £6,900, and cash reserves have dropped 84% to a meagre £5,200. Trade debtors have increased by 140%, suggesting a reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline is concerning. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Despite the financial challenges, Staunch Industries maintains a strong online presence and positive customer feedback, suggesting a focus on brand and customer relationships. Whether this can translate into long-term financial stability remains to be seen.

Registered in Scotland under the registration number SC396516, with a registered address at EH1 2BB, Edinburgh, 19 Rutland Square.

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