Adc London Limited

Adc London Ltd from Woodford Green UK: a small, active company founded nine years ago, employs one person, and holds £633,926 in assets. It operates from a virtual address – 37 other companies are registered at the same location – and is led by a solo founder who also serves as the director and owner. The company regularly imports footwear and related items, with a history of 10 months of import activity.

The company's primary activity involves wholesale of clothing and footwear, as well as retail sales via mail order and internet. While a website isn’t available, this suggests a traditional business model focused on B2B and direct-to-consumer channels.

Financially, Adc London Ltd presents a mixed picture. Current assets have decreased by 16% to £630,000, while net assets have fallen by 18% to £620,000. Bank borrowings have decreased by 45% to £5,800, and cash reserves have plummeted 59% to £210,000. Creditors have increased by 43% to £45,000, and trade debtors have risen by 22% to £63,000. The company's small size—meeting two of three conditions for being a small company—helps it remain flexible, but the decline in equity is a concern. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The decrease in cash reserves, despite a reduction in bank borrowings, suggests the company may be burning through money faster than it’s generating revenue. The increase in creditors could indicate a need to manage supplier relationships more closely. It’s possible that the company is reinvesting in its business, but the financial trends warrant careful monitoring.

Registered in England/Wales under the registration number 09692458, with a registered address at IG8 8EY, United Kingdom, Woodford Green, Essex, The Retreat, 406 Roding Lane South.

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