Stonegate Teddy Bears Ltd

Stonegate Teddy Bears Ltd from York UK: a small, active company founded three years ago, employs just three people, and holds £204,327 in assets. It operates from a virtual address – sixty-one companies share the same location, which is a bit odd – and is led by three directors and two owners, a family business with a solid Google rating of 4.0 based on 248 reviews. They’re an irregular importer, mainly bringing in toys, games, and sports equipment, with their last import operation dating back to October 2022.

The company’s website showcases a wide range of brands, including Jellycat, Charlie Bears, and Steiff, with a focus on designer bears and Paddington. They have a physical store in York’s historic Stonegate, a 15th-century building, and even offer a showroom in Harrods, London. The website also highlights a strong emphasis on customer service, secure payment options, and fast delivery. It's clear they're targeting a niche market of teddy bear enthusiasts and collectors.

Looking at the financials, Stonegate Teddy Bears Ltd shows a mixed picture. Current assets increased by 20% to £200,000, which is good. However, net assets also rose by 64% to £150,000, which is a positive sign. Bank borrowings decreased by 45% to £32,000, and cash reserves fell 4.3% to £23,000. Creditors decreased by 21% to £140,000, suggesting better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size.

Overall, Stonegate Teddy Bears Ltd appears to be a stable, family-run business with a loyal customer base. The increase in assets and decrease in creditors are encouraging signs, but the drop in cash reserves could indicate a need to manage working capital more closely. The company’s long-standing presence in York and its online presence suggest a business with a strong brand and a commitment to customer satisfaction.

Registered in England/Wales under the registration number 14002639, with a registered address at YO19 6ED, United Kingdom, York, North Yorkshire, 3 & 4 Park Court Riccall Road, Escrick.

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