Thinking Gifts Company Limited

  • Small
  • Active
  • 18 years
  • 4 employees
  • £2,303,177 (assets)
  • Virtual address
  • 2 directors
  • 1 owner
  • Solo founder

Field of Operation

Non-specialised wholesale trade
46900 44095 companies
Retail sale via mail order houses or via Internet
47910 204566 companies

Website

Social media

Summary

Thinking Gifts Company Limited is a small, active company based in Bishop's Stortford, UK, founded eighteen years ago in 2006. With four employees and £2,303,177 in assets, it operates from a virtual address, registered to an address shared by thirty-six other companies. The company is led by two directors and owned by a solo founder, Lancet Gary Paul. The business primarily focuses on non-specialised wholesale trade and retail sales via mail order and internet, offering a wide range of gifts, stationery, and tech accessories.

The company’s website showcases a diverse product line, including book lights, bookmarks, holders, and tech gadgets, catering to a variety of interests. It's clearly an e-commerce operation, with a focus on fun and functional gifts. The site highlights a range of featured products, including booklights, bookmarks, and holders, alongside themed gift collections for him, her, and tech lovers. The company also offers wholesale options and has a section dedicated to new collections.

Financially, Thinking Gifts Company Limited shows some concerning trends. While cash reserves increased by a significant 650%, reaching £810,000, current assets decreased by 4%, settling at £2,300,000. Trade debtors experienced a dramatic drop of 57%, falling to £290,000, which could indicate slower customer payments. Bank borrowings remain stable at £9,300, and creditors decreased by 28%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being small—helps it maintain agility, but the decline in current assets and the large decrease in debtors are worth noting. The company is exempt from an audit, so the financial statements are unaudited.

The company’s financial performance suggests it’s navigating a period of change. While cash flow is healthy, the decline in debtors and assets indicates potential challenges in maintaining sales momentum—or perhaps a strategic shift in business operations.

Registered in England/Wales under the registration number 05848926, with a registered address at CM22 7TL, England, Bishop's Stortford, East Lodge Bedlars Green, Great Hallingbury.

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

Owners & PSC

  • Lancet Gary Paul
  • 9 years
  • 2
  • 75%+

Managers

Secretary
  • Lancet Gary Paul
  • 18 years
  • 2
Director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Total exemption full accounts made up to 2024-06-30
  2. Confirmation statement made on 2024-06-16 with no updates
  3. Satisfaction of charge 058489260001 in full

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