Allsortsoutlet Ltd

Allsortsoutlet Ltd from London UK: a small, active company founded eight years ago, holds £32,167 in assets, operates from a virtual address, and is managed by one director and owner. It’s a regular importer of furniture, lighting, and prefabricated buildings, with seven months of import activity recorded, the last in October 2024. The company is registered at N1 7GU, England, London, 20-22 Wenlock Road, but this address is likely virtual, as 28641 companies are registered there.

The company’s website is minimal, offering little insight into its operations beyond its registration details. It appears to be primarily focused on retail sales, though the exact nature of its online presence isn't clear. It's probably an ecommerce site, but there's no active website to confirm this.

Financially, Allsortsoutlet Ltd presents a mixed picture. Current assets have decreased by 35% to £32,000, while net assets have improved dramatically, jumping from a negative £21,000 to just -£340. Bank borrowings have fallen significantly, dropping 68% to £12,000, and cash reserves have also decreased by 15% to £14,000. Creditors have seen a substantial reduction, falling 47% to £7,900, which is a good sign. Debtors have increased significantly, rising 570% to £2,800. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the initial losses and subsequent improvements are notable. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s description of principal activities is missing, and there’s no auditor mentioned, which is typical for companies of this size. Overall, Allsortsoutlet Ltd seems to be navigating a period of change, with improved equity and reduced debt, though the decrease in assets and cash warrants further observation.

Registered in England/Wales under the registration number 10713047, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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