The Garment Rail Company Limited
- Small
- Active
- 13 years
- 3 employees
- £105,085 (assets)
- Virtual address
- 2 directors
- 2 owners
- Irregular importer
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
The Garment Rail Company Limited is a small, active company based in Harrow, UK, founded thirteen years ago in 2011. It operates with three employees and holds £105,085 in assets, using a virtual address shared by eighty-seven other companies. Two directors and two owners manage the business, which runs an e-commerce site specializing in heavy-duty garment rails for hire. The company is an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings, with the last import activity recorded two months ago. It operates within the UK, offering nationwide delivery from its Hertfordshire depot and even supplying rails to Europe.
The company’s website details a mission born from frustration: the founders, two former film industry costumiers, sought to create more durable garment rails than were available on the market. They now supply rental rails to the UK film industry, events companies, major retailers, and fashion houses. All products are copyrighted and only available from The Garment Rail Company Limited.
Financially, The Garment Rail Company Limited presents a mixed picture. Current assets increased by 11% to £110,000, while net assets decreased by 5% to £100,000. Bank borrowings decreased by 33% to £14,000, suggesting improved cash flow management. However, trade debtors decreased by 23%, which could indicate slower customer payments. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity warrants attention. As a small company, it’s exempt from an audit, relying on unaudited statements.
While the company's website projects a successful business with a unique product and strong customer base, the financial data suggests a need for careful monitoring and strategic planning.
Registered in England/Wales under the registration number 07714606, with a registered address at HA3 0AN, England, Harrow, 99 Kenton Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 1
-
Resident of United Kingdom
-
Individual
- 13 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-07-30Download 8 pages pdf report
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Confirmation statement made on 2024-08-03 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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