Cantay Limited

Cantay Limited, based in Ashton-Under-Lyne, UK, is a small, active company founded three years ago. With £12,990 in assets and a real address, it’s a solo-founded operation managed by a single director and owner. The business operates in the wholesale of fruit and vegetables and the non-specialised wholesale trade industries, regularly importing drinks, alcohol, and vinegar—a consistent import activity spanning three months, with the latest operation recorded on October 1, 2024.

The company's website is currently unavailable, making it difficult to assess its e-commerce presence or direct sales activities. It’s unclear if they operate an online store or primarily serve wholesale clients through other channels.

Financially, Cantay Limited is showing some concerning trends. While it’s a small company (meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has plummeted to -£28,000. Cash reserves are a meager £100, and bank borrowings are £41,000. Creditors have remained steady at £41,000, but the significant negative equity suggests the company is burning through cash faster than it’s generating revenue. Tax payable is -£5,600. The lack of employees (zero reported) indicates a lean operation, but the financial strain is evident. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.

The company’s focus on importing drinks, alcohol, and vinegar, while potentially lucrative, also exposes it to market fluctuations and import regulations. Whether Cantay Limited can navigate these challenges and turn its financial situation around remains to be seen—but for now, it’s a small company facing a tough road ahead.

Registered in England/Wales under the registration number 13792650, with a registered address at OL6 8RA, England, Ashton-Under-Lyne, 120 Smallshaw Lane.

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