The Arran Gift Box Company Limited

The Arran Gift Box Company Limited, based on the Isle of Arran in Scotland, is a small, active family business founded seven years ago. With two employees and £61,745 in assets, the company operates an e-commerce site selling a range of gifts, food hampers, and Scottish products. It has a 4.0-star Google rating based on ten reviews. Two directors and two owners, Shiona and Tom McGarrigle, manage the business, which is registered at a real address with only one other company registered there.

The company’s website showcases a wide variety of products, from cheese hampers and whisky gift boxes to clothing and bath products. It’s clear they’re focused on retail sales via the internet, offering both ready-made hampers and the option to build your own. They also feature a selection of Scottish-made items, including ceramics, art prints, and even stocking fillers. The site is well-designed and easy to navigate, with a focus on visual appeal and showcasing the quality of the products.

Financially, the company’s recent performance presents a mixed picture. Creditors have increased significantly by 56%, while debtors have grown by 60%. Cash bank on hand has risen by 30%, which is good, but net assets have declined by 110% to -£20,000. Bank borrowings have also increased, by 170%. It seems the company is investing in growth, but it’s also taking on more debt. The company’s small size (meeting two of three conditions for being classified as small) means it's exempt from an audit, so these figures are unaudited. The increase in debt could be a sign of expansion, but it also suggests potential financial pressures. The company’s reliance on a single director and owner means that the business is likely heavily dependent on their expertise and commitment.

Registered in Scotland under the registration number SC579859, with a registered address at KA27 8AJ, Scotland, Isle Of Arran, Shore Road, Brodick.

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