Yours Truly Gifts Ltd

Yours Truly Gifts Ltd is a small, active company based in Radstock, UK, founded three years ago. With a single employee and £32,562 in assets, it’s a solo venture led by a director and owner, Boon James Struthers. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, yourstrulycohotmail.com, presents a charming, almost vintage aesthetic. It's clear the business focuses on personalised gifts, clothing, homeware, and jewellery. The site features a simple layout with a focus on product images and a clear call to action: “Sign up for our newsletter.” The site also lists opening hours and contact details, suggesting a blend of online and potentially a small physical presence in Romsey. It’s a classic example of a small business leveraging online channels to reach customers.

Financially, Yours Truly Gifts Ltd shows a mixed picture. Cash bank on hand decreased by 8.6% to £8,000, while current assets increased by 20% to £33,000. Creditors rose by 13% to £24,000, and trade debtors dropped by a significant 39% to £420, which could indicate improved collection practices. The company’s equity grew by 34% to £9,500, a positive sign, but the increase in creditors suggests a need to manage short-term liabilities. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited accounts.

Overall, Yours Truly Gifts Ltd appears to be navigating the challenges of a small business. While the increase in creditors warrants attention, the growth in equity and current assets suggests a potential for stability. It’s a story of a solo founder building a retail business, balancing growth with careful financial management.

Registered in England/Wales under the registration number 13541749, with a registered address at BA3 5SQ, England, Radstock, 2 Huish Cottages, Mells Lane.

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