Cadfolio Global Limited

Cadfolio Global Ltd, based in Coventry, UK, is a small, active company founded seven years ago in 2018. With just £10,950 in assets and a virtual address, it’s a compact operation managed by one director and two owners. The company regularly imports jewelry, precious stones, and metals—a consistent pattern over the past nineteen months, with the latest shipment arriving in March 2024. It has also dabbled in exporting these same items, but only for a single month back in September 2022.

The company's website, JewelCounter, suggests a broader reach, offering products in English, German, and French, and even hinting at a WPML plugin for multilingual support. It features a newsletter signup and FAQs, indicating an effort to engage customers. Country options include the United States, Germany, and Japan, with currency options for USD, EUR, and JPY, suggesting a focus on international sales.

Financially, Cadfolio Global Ltd presents a mixed picture. Cash bank on hand has plummeted by a staggering 95%, dropping from £150,000 to a mere £7,400. Creditors have also decreased, although not as dramatically, and trade debtors have fallen sharply. The company’s net assets have suffered a significant decline, dropping 11% to -£360,000. While the company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—the sharp decline in cash and equity is concerning. The company’s fixed assets have increased dramatically, suggesting a potential investment or revaluation, but the lack of detail is unclear. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited.

Overall, Cadfolio Global Ltd appears to be facing financial headwinds. While its import activity remains consistent, the decline in cash reserves and equity suggests it may be burning through money. The management structure, with just one director, could also be a factor, although it’s difficult to say for sure.

Registered in England/Wales under the registration number 11239117, with a registered address at CV5 6UB, United Kingdom, Coventry, West Midlands, 1110 Elliott Court Coventry Business Park, Herald Avenue.

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