Arcade Retail Limited

Arcade Retail Ltd from London UK: a small holding company with an active status, was founded nine years ago in 2015. The company employs four people and holds £871,944 in assets, operating from a virtual address. It’s managed by three directors and owned by three individuals, currently boasting a Google rating of 1.0 based on just one review. Arcade Retail regularly imports footwear and related items, having done so for 16 months, with the latest import in December 2023. It also exports these items, though less frequently, with four months of export activity, the last occurring in April 1999.

The company’s website, while not fully detailed, indicates a focus on retail sales via mail order and internet. It appears to be a small e-commerce operation, likely targeting a niche market within the footwear sector. The virtual address raises some questions, as it suggests a potentially shared office space or a reliance on virtual services, with 332 other companies registered at the same location.

Financially, Arcade Retail Ltd presents a mixed picture. Current assets have seen a significant drop, declining by 55% to £870,000. Net assets have also decreased, falling 21% to -£2,800,000. Bank borrowings have plummeted by 93%, reaching just £30,000, while cash reserves have halved to £90,000. Creditors have also decreased by 33%, and debtors have fallen by 56%. The company’s small size – meeting two of three criteria for being a small company – allows for agility, but the substantial equity decline warrants closer examination. The lack of an auditor mentioned, likely due to its small size, means these figures are unaudited.

While the import and export activity suggest ongoing business operations, the financial trends indicate a company facing challenges. It's possible that increased competition, changing consumer preferences, or supply chain disruptions are impacting profitability. The company’s future success will depend on its ability to adapt to these pressures and leverage its niche market expertise.

Registered in England/Wales under the registration number 09583193, with a registered address at W1H 1DP, England, London, 78 York Street.

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