The Gravity Collective Ltd

The Gravity Collective Ltd, based in Prestonpans, UK, is a small, active company founded three years ago in December 02, 2021. With a single employee and £43,254 in assets, it’s a solo-founded operation led by a director and owner. The company operates as an irregular importer, primarily dealing in toys, games, and sports equipment, with just one month of import activity recorded as of December 2023. It’s a real address, with only one other company registered there.

The Gravity Collective functions as a UK-based sales and marketing agency, boasting over 20 years of experience in the snowsports and outdoor industries. Its website highlights partnerships with international brands like Black Crows (skis), Dynafit (mountain gear), Pomoca (climbing skins), Salewa (mountain equipment), No More Boots (boot bibs), and Salty Crew (surf apparel). The company aims to cement these brands in the UK market, forming partnerships with customers for long-term business. It’s a agent involved in the sale of a variety of goods.

Financially, The Gravity Collective Ltd presents a mixed picture. Current assets have increased by a substantial 250% to £43,000, while net assets have surged 2200% to £8,700. Bank borrowings have increased, and cash reserves have grown significantly to £34,000. Creditors have increased by 190%, and trade debtors have decreased by 10%. 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 agility, but the large increase in taxation and social security payable to 34,000 pounds is a concern. The accounts are filleted and unaudited, with no auditor mentioned.

The company is doing well, but it’s important to keep an eye on the rising costs.

Registered in Scotland under the registration number SC716677, with a registered address at EH32 0UA, Scotland, Prestonpans, 2 Sycamore Avenue, Port Seton.

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