Cane's Ltd

Cane's Ltd is a small, active company from Wolverton, UK, founded thirteen years ago in June 2011. With just two employees and £633 in assets, it’s a modest operation. The company has two directors but no reported owners, which is common for small businesses. It operates from a real address in Wolverton and is registered as a private limited company. The company’s main activity involves retail sale via stalls and markets of other goods, and retail sale via mail order houses or via internet industries.

The company’s website is non-existent, which suggests a limited online presence. It's likely that sales are conducted primarily through physical markets or direct mail, rather than an e-commerce platform. This could mean a focus on local customers or a niche market not easily reached online.

Financially, Cane's Ltd is showing some concerning trends. Current assets have fallen by 35%, dropping to just £630. More significantly, net assets have plummeted 6.9%, reaching -£4200. Bank cash has decreased by a dramatic 88%, leaving just £13. Creditors have slightly decreased by 1.1%, but trade debtors are not reported. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the substantial equity decline is a red flag. The company is exempt from an audit, so the figures are unaudited.

It seems that Cane's Ltd is facing financial difficulties. The decline in assets and cash reserves, coupled with the negative equity, suggests the company is burning through money faster than it's generating revenue. It’s possible that increased costs, slow-paying customers, or a decline in sales are contributing to these issues. The lack of reported owners could also complicate management decisions and strategic planning.

Registered in England/Wales under the registration number 07658599, with a registered address at MK12 5JS, Wolverton, Milton Keynes, 200 Church Street.

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