C & G Sourcing Solutions Ltd

C & G Sourcing Solutions Ltd is a small, active company based in Canterbury, UK, established seven years ago in May 10, 2018. It operates from a real address at Unit 6 Five Oaks Business Park, and is run by a single director and owner, Hillary Christopher. The company has £7,470 in assets and is classified as a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s an irregular importer, primarily dealing in plastics and plastic products, with its last import operation recorded one month ago in March 2023. The company operates in the non-specialised wholesale trade industries.

The company's website is currently unavailable, making it difficult to ascertain its specific online presence or e-commerce activities.

Financially, C & G Sourcing Solutions Ltd presents a concerning picture. Current assets have plummeted by 72%, dropping to just £7,500, while net losses have ballooned to -£44,000. Cash reserves have vanished, falling 99% to a mere £86. Bank borrowings have increased significantly, and trade debtors have decreased slightly. Creditors have risen substantially, and the company’s equity is deeply negative. The lack of employees (zero reported) suggests a very lean operation. The absence of an auditor (likely exempt as a small company) means the figures are unaudited.

These trends suggest the company is burning through money, possibly facing liquidity issues. The substantial increase in creditors could indicate a reliance on short-term financing to cover expenses. While the company’s small size allows for agility, the negative equity and dwindling cash reserves are cause for concern.

Registered in England/Wales under the registration number 11352657, with a registered address at CT4 6RY, England, Canterbury, Kent, Unit 6 Five Oaks Business Park, Geddinge Lane, Wootton.

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