Austin Commerce Limited

Austin Commerce Limited, based in Bromley, UK, is a small, active company founded seven years ago. With two employees and £35,027 in assets, it operates from a real address and is led by a single director and owner – the solo founder. The company holds a 3.0-star Google rating based on two reviews, and is an irregular importer, having imported goods for just one month, with the last import operation occurring in April 2018. It operates in the retail sale via mail order houses or via internet industries.

The company’s website is currently unavailable, making it difficult to assess its current operations. However, the business appears to focus on online retail, with a possible connection to a larger operation.

Financially, Austin Commerce Limited presents a mixed picture. While current assets increased slightly to £35,000, net assets have seen a significant jump to £1,600. Bank borrowings have increased substantially, reaching £29,000, and cash reserves have decreased by 82% to £800. Creditors have also increased, reaching £45,000, and trade debtors have risen to £3,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial increase in liabilities raises concerns about its financial stability. The accounts are unaudited, as is common for small companies. The company’s retained earnings have increased dramatically, which could be a result of a one-off event. It’s also worth noting that the company’s tax liability has decreased significantly.

Registered in England/Wales under the registration number 10931747, with a registered address at BR1 3JN, United Kingdom, Bromley, Kent, 41 Northpoint Sherman Road.

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