Carty Goods Ltd

Carty Goods Ltd from Bradford UK: a small, active company founded four years ago, employs one person, and holds £24,556 in assets. It’s a solo venture led by a single director and owner. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, while minimal, suggests a focus on online retail. There's no elaborate e-commerce platform visible, but the branding and product descriptions point to a curated selection of goods sold directly to consumers. It's likely the business relies on platforms like eBay or Etsy to reach customers, rather than a dedicated online store. The lack of a robust website could be a deliberate choice, keeping overheads low, or a sign that the business is still evolving.

Financially, Carty Goods Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 160% to £23,000, which is a positive sign. However, net assets are down 95%, sitting at just -£290, and creditors have decreased by 18% to £25,000. Bank borrowings have also decreased by 18% to £25,000. Trade debtors have vanished completely, which could be a good thing (no outstanding payments) or a sign of reduced sales. The company’s small size (meeting two of three conditions for being small) allows for flexibility, but the declining equity is something to keep an eye on. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Carty Goods Ltd seems to be navigating a challenging environment. The increase in cash is encouraging, but the declining equity and reliance on bank borrowings suggest the business is burning through money. The lack of employees and minimal online presence could be a deliberate strategy to keep costs down, but it also limits growth potential.

Registered in England/Wales under the registration number 13122018, with a registered address at BD1 2NH, England, Bradford, 710 Woolston Warehouse Grattan Road.

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