Cawton House Ltd

Cawton House Ltd, based in Bridlington, UK, is a small, family-run business with an active status, having been founded nine years ago. Despite this, the company is currently facing some financial challenges, with accounts overdue for two years and confirmation statements outstanding for a year. Employing just two people, Cawton House Ltd holds £104,045 in assets and operates from a virtual address shared by many other companies. It’s managed by two directors and two owners, and it's a tight-knit operation.

The company’s primary activity involves importing wood and wood products, though this is an irregular occurrence, with just one month of import activity recorded recently. It appears to operate as an agent specializing in the sale of other particular products.

Financially, Cawton House Ltd's situation is mixed. Current assets have increased by 48% to £100,000, but net assets have decreased significantly by 93% to just -£480. Bank borrowings have increased by 6.4%, and cash reserves have fallen by 70% to a mere £1,300. Creditors have more than doubled, rising by 100%, while trade debtors have increased by a substantial 72%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial data is unaudited.

The sharp decline in equity, combined with the increase in debt, suggests the company is burning through cash. It’s possible that the irregular import activity and reliance on trade credit are contributing to these pressures. While the company's small size allows for agility, it also makes it more vulnerable to economic shocks and cash flow problems.

Registered in England/Wales under the registration number 09708916, with a registered address at YO16 4LZ, Bridlington, East Riding Of Yorkshire, Medina House, 2 Station Avenue.

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