Bead Training Limited

Bead Training Limited, based in Thornton-Cleveleys, UK, is a small, active company founded 18 years ago. With just two employees and £16,686 in assets, it's a family-run business operating an e-commerce site. Two directors and two owners manage the company, which focuses on retail sales via mail order and the internet. The company's registered address is real, with only two other companies registered there.

The company’s website showcases a range of beading supplies and training courses, suggesting a focus on crafting and hobbyist markets. While the exact scope of the online store isn's clear, the emphasis on beading indicates a specialized retail operation. The site appears well-maintained, with product listings and instructional content.

Financially, Bead Training Limited presents a mixed picture. While net assets increased by 34% to £2,000, current assets remained relatively flat at £17,000. Cash bank on hand, however, completely disappeared, dropping 100% to zero. Creditors decreased slightly by 6.3% to £15,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sudden loss of cash reserves is concerning. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Overall, Bead Training Limited seems to be a stable, albeit small, business. The lack of cash reserves, however, raises questions about its ability to fund operations and invest in growth. Whether the company can maintain its current trajectory remains to be seen—but its focus on a niche market and e-commerce platform positions it for continued success.

Registered in England/Wales under the registration number 06001619, with a registered address at FY5 3AQ, Thornton-Cleveleys, Lancashire, 24 North Drive.

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