Canbe Ltd

Canbe Ltd is a small, active company based in Liverpool, UK, founded four years ago in December 2020. Employing just two people, it holds £5,964 in assets and operates from a real address. The business is a family affair, with two directors and two owners – Jonathan Jef Hughes and Joshua Jon Hughes – at the helm. It's a retail business, selling CBD products and operating via mail order and the internet. The company’s website, Canbe, offers accommodation options including hotels, apartments, and hostels across Ireland, with a focus on Dublin and the Midlands. It even has a piano restoration division, 1066 Pianos, which operates from Cambridge and has a showroom in Harrods.

The website showcases a range of services, including group tours, blog content, and even discounts. It seems to be trying to be a one-stop-shop for tourists, offering everything from accommodation to local tips. The website is well-designed and professional, with a strong emphasis on customer service and Irish hospitality.

Financially, Canbe Ltd presents a mixed picture. While cash reserves increased slightly to £180, net assets decreased significantly to -£28,000. Creditors have risen considerably, reaching £34,000, suggesting increased borrowing. Trade debtors are also up, which could indicate difficulties collecting payments. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial equity decline is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

It’s clear that Canbe Ltd is facing financial pressures. The company's focus on tourism and the diverse range of services offered could be a strength, but the negative equity suggests it’s burning through money. The increase in debt could be a sign of a startup struggling to achieve profitability, or it could be a strategic move to fuel growth. It’s hard to say for sure, but the company will need to address these financial challenges if it wants to sustain its operations in the long term.

Registered in England/Wales under the registration number 13091021, with a registered address at L34 4AR, United Kingdom, Liverpool, 2a Stanley Grange Ormskirk Road, Knowsley.

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