Cheds Cbd Oil Ltd

Cheds Cbd Oil Ltd from Eriswelll UK is a small, active company founded seven years ago in 2017. With just two employees and £3,706 in assets, it’s a modest operation run by a single director and owner. The company operates an e-commerce site and currently holds a stellar 5.0 Google rating based on 31 reviews. It's a real address, and only one other company is registered there.

The business primarily engages in retail sales via mail order and the internet, catering to customers seeking CBD oil products. While the website isn't available for review, the company’s presence in the online retail space suggests a focus on direct-to-consumer sales and a digital marketing strategy.

Financially, Cheds Cbd Oil Ltd’s numbers paint a mixed picture. Current assets have fallen by a significant 64%, dropping to £3,700, while bank cash has plummeted 72% to a mere £3,000. Dividends paid on shares have also decreased substantially, falling 70% to £1,500. On a brighter note, creditors have decreased by 66%, and other creditors have completely vanished. However, the sharp decline in cash reserves and the increase in trade debtors (rising by an unquantifiable amount) are concerning. The company meets two of three criteria to be considered small – turnover under £10.2 million, balance sheet under £5.1 million, and less than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

Overall, Cheds Cbd Oil Ltd appears to be navigating a challenging period. The decrease in assets and cash reserves suggests potential financial strain, though the reduction in creditors indicates improved debt management. It’s likely that the company is experiencing typical startup turbulence, but further monitoring is needed to assess its long-term viability.

Registered in England/Wales under the registration number 10923753, with a registered address at IP27 9BJ, United Kingdom, Eriswelll, 92 Chamberlain Buildings Brandon.

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