Checo Ltd

Checo Ltd from Leeds UK: a small, active company founded nine years ago, employs four people, and holds £225,727 in assets. It’s a solo-founder operation led by one director and owner, boasting a stellar 5.0 Google rating from 96 reviews. The company regularly imports furniture, lighting, and prefabricated buildings (50 months of imports), with the latest activity in August 2024, but exports are infrequent (just one month of activity in October 2024).

Checo Ltd operates primarily as an e-commerce business, as confirmed by its DNS configuration. The website focuses on wholesale and retail of furniture, carpets, lighting equipment, and household goods, also offering mail order and internet sales. It also appears to be involved in other retail sales not in stores.

Financially, Checo Ltd presents a mixed picture. Current assets have decreased by 11% to £230,000, and net assets have fallen a significant 61% to just £23,000. Equity has also seen a sharp decline, dropping 61% to £23,000. Cash reserves are at £160,000, which is a slight increase of 2.8%. Creditors have risen slightly, increasing by 3.4% to £200,000. The company meets two of the three conditions to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor is likely due to its small size, and the accounts are unaudited.

Despite the decline in assets, the company seems to be holding steady. The drop in equity, however, suggests potential challenges—perhaps a need to reinvest profits or manage expenses more carefully. It's a small business, so these fluctuations are not uncommon, but it's something to keep an eye on.

Registered in England/Wales under the registration number 09900551, with a registered address at LS26 0RA, England, Leeds, 3 Cornwall Crescent, Rothwell.

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