Candeo Properties Ltd

Candeo Properties Ltd, based in Enfield, UK, is a small, active company founded 18 years ago. With just two employees and £38,688 in assets, it's a modest operation led by one director and owner. The company's status is active. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of January 2018.

The company’s website, Candeo Hotels, reveals a different focus: hospitality. It’s a collection of hotels, with a particular emphasis on the Candeo Delica brand. The site showcases various hotels and offers a "Candeo Club" membership program, suggesting a focus on repeat customers. The website also features Instagram integration and highlights a partnership with Candeo Hospitality Management, Inc. It’s clear that the company is trying to build a brand around a premium hotel experience.

Financially, Candeo Properties Ltd is showing some concerning trends. Current assets have fallen significantly, dropping 68% to just £39,000. Net assets also decreased, falling 24% to £110,000. Bank borrowings have reduced by 5%, reaching £1,400,000, and cash reserves have plummeted 70% to just £35,000. Creditors have also decreased, suggesting better debt management, but the overall picture is one of declining liquidity. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's focus on hospitality, while potentially lucrative, appears to be putting a strain on its finances. Whether Candeo Properties Ltd can successfully navigate these challenges and build a sustainable business remains to be seen—but for now, it’s a company facing a delicate balancing act.

Registered in England/Wales under the registration number 06025290, with a registered address at EN3 4NU, Enfield, Middlesex, 48 Church Road.

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