Cersco Limited

Cersco Limited is a small, active company based in St. Albans, UK, founded six years ago. With a single employee and £3,126 in assets, it's a solo venture led by a single director and owner, Scott Colin Peter. The company operates in the retail sale via mail order houses or via internet industries.

The company's website reveals it’s actually Cresco Capital, a corporate finance advisory firm. They work with companies seeking investment capital, assisting with investment propositions and matching them with investors. Cresco focuses on commercially proven opportunities with experienced management teams selling into rapid growth sectors, working with private investors, family offices, and institutional funds. Their services range from strategic planning and investment preparation to direct fundraising and project finance. They boast a private client network and operational infrastructure to support these relationships.

Financially, Cersco Limited’s numbers paint a concerning picture. Current assets have dropped significantly, falling 51% to just £3,100. Net assets have plummeted 190% to -£3,500, and net current assets are also negative, at -£3,700. Cash reserves have also taken a hit, decreasing 63% to £1,300. While trade debtors remain steady, creditors have decreased slightly. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the dramatic decline in equity suggests a potential cash flow problem. The lack of an auditor mentioned (likely due to being a small company) means the figures are unaudited.

The company seems to be burning through money, with significant losses and dwindling cash reserves. While the corporate finance advisory business might be generating some revenue, it doesn't appear to be enough to offset the costs. It’s possible the company is in a startup phase, still building its client base, or facing unexpected expenses. The reliance on a single director and owner may also be a limiting factor, especially if the company needs to scale up quickly.

Registered in England/Wales under the registration number 11352519, with a registered address at AL3 8HY, England, St. Albans, Hertfordshire, 19 Albert Street, Markyate.

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