Brix & Porter Ltd.

Brix & Porter Ltd is a small, active company based in St. Leonards-On-Sea, UK, founded seven years ago in 2017. The firm boasts £7,812 in assets and employs ten people, operating from a real address and managed by two directors and one owner. It also runs an e-commerce site. While the company’s status is active, accounts are overdue for eight months, and confirmation is overdue for nine months.

The company’s website reveals a focus on retail—specifically, the sale of beverages in specialized stores, mail order, and internet sales, as well as operating public houses and bars. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The business has a real address, and only one other company is registered there.

Financially, Brix & Porter Ltd presents a mixed picture. Current assets have increased by 86% to £7,800, but net assets have plummeted 590% to -£140,000. Bank borrowings have jumped significantly, reaching £11,000, while cash reserves have decreased by 66% to -£8,200. Creditors have more than doubled, reaching £170,000, and trade debtors have fallen by 62% to £9,000. The company’s equity is significantly negative.

The lack of a mentioned auditor (likely due to small company status) means the figures are unaudited. The substantial decrease in equity, combined with increased borrowings, suggests the company is burning through cash. It’s possible the business is facing challenges in converting sales into profit, or perhaps it’s reinvesting heavily in its e-commerce operations. The increase in bank borrowings also indicates a need for additional funding.

Registered in England/Wales under the registration number 11006165, with a registered address at TN38 0BT, England, St. Leonards-On-Sea, Flat 9, Westgarth, 145 Marina.

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