Centa Global Limited

Centa Global Limited, based in Banbury, UK, is a small, active company founded four years ago. With two employees and £305,685 in assets, it’s a solo-founder operation led by a single director and owner. The company is an irregular importer, primarily dealing in footwear and related items, with just two months of import activity recorded as of October 2022.

The company’s website, CENTA Life is Precious, showcases a range of medical supplies and protective clothing, including surgical gowns, masks, visors, and sanitiser. It operates an e-commerce platform, catering to both wholesale and retail customers. The site emphasizes quality, reliability, and a wide selection of products, with a focus on serving the healthcare industry. It even has a dedicated section for COVID-19 related products, reflecting its adaptability to changing market needs.

Financially, Centa Global Limited shows some concerning trends. Current assets have fallen by 43%, dropping to £310,000, while net assets have plummeted 130%, settling at -£110,000. Bank borrowings have completely vanished, a positive sign, but cash reserves have increased to £8,900. Creditors have also decreased significantly, dropping 29%, which is good. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The sharp decline in equity suggests the company may be burning through cash. While the business appears active online, the financial data paints a picture of a company facing challenges. Whether this is a temporary setback or a longer-term issue remains to be seen, but Centa Global Limited will need to address these trends to ensure its sustainability.

Registered in England/Wales under the registration number 13098655, with a registered address at OX16 9QH, Banbury, 103 Broughton Road.

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