Carnill & Company Limited

Carnill & Company Limited, based in Sutton In Ashfield, UK, is a small, active company established twelve years ago in 2012. With three employees and £67,985 in assets, it operates from a virtual address shared by forty-two other companies, raising some questions. The firm is led by one director and owner, and boasts a stellar 5.0 Google rating from seven reviews. It's a regular importer, specializing in furniture, lighting, and prefabricated buildings, with nineteen months of import activity recorded, the last in May 1.

The company's website, while not providing detailed e-commerce functionality, describes Carnill & Company Limited as an interior designer operating in Southwell, England. It’s a private limited company, and its activities are centered around the retail of furniture, lighting, and similar items – excluding musical instruments. The business is a family-run operation, emphasizing British craftsmanship.

Financially, Carnill & Company Limited presents a mixed picture. Cash reserves have surged dramatically, increasing by 2200% to £6,000, a very positive sign. However, net assets have decreased by 56% to -£86,000, a significant drop. Bank borrowings have also increased, rising by 1400% to £66,000, and creditors have increased by 60% to £150,000. 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 agility, but the equity decline is concerning. The company’s average number of employees during the period decreased by 33%, from three to two. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Carnill & Company Limited appears to be navigating a period of change. The increased cash reserves are encouraging, but the rising debt and declining equity warrant close monitoring.

Registered in England/Wales under the registration number 08269063, with a registered address at NG4 2JY, United Kingdom, Nottingham, Nottinghamshire, 3 Colwick Quays Business Park, Colwick.

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