The Glowhouse Ltd

The Glowhouse Ltd, based in Leyland, UK, is a small, active company established 20 years ago. With nine employees and £1,331,727 in assets, it operates from a real address and is overseen by one director and owner. A 4.0 Google rating from 19 reviews suggests a positive customer experience. The company regularly imports and exports toys, games, and sports equipment, with 114 months of import activity and 38 months of export activity recorded.

The Glowhouse’s website reveals a retail business focused on mail order and internet sales. It’s a family-run operation, and the site is well-designed, with a clear focus on product categories and customer service. It seems like a straightforward e-commerce business, catering to a broad audience.

Financially, The Glowhouse Ltd presents a mixed picture. Current assets remain stable at £1,300,000, but bank borrowings increased by 140%, reaching £320,000. Creditors also rose by 11%, to £510,000. Trade debtors decreased by 32%, suggesting better payment collection. Net losses deepened, though the exact figure isn't available, and cash reserves fell by 140% to £320,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in borrowings and decrease in cash warrants attention. There's no auditor mentioned, consistent with its status as a small, exempt company.

Overall, The Glowhouse Ltd appears to be a steady, if somewhat stretched, business. It's likely facing typical challenges for a small e-commerce operation, balancing growth with financial stability. The company’s focus on a specific product category and its positive online reputation should help it navigate these challenges.

Registered in England/Wales under the registration number 05232769, with a registered address at PR26 7QS, England, Leyland, Lancashire, 135a Clydesdale Place.

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