Clearo Ltd

Clearo Ltd from Cardiff UK: small company, active status, founded 5 years ago, accounts overdue 9 months, confirmation overdue 8 months, £91,166 assets, real address, 1 director, 1 owner, e-commerce site. It's a small, active company based in Cardiff, UK, established five years ago. While it operates an e-commerce site, it's currently facing some challenges with its financial reporting, with accounts and confirmation statements overdue. The company has a real registered address and is managed by a single director and owner.

Clearo Ltd operates as an e-commerce site, offering a wide range of products including designer fashion, hair and beauty items, kids clothing, and even pet supplies. The website is well-stocked, with numerous categories and subcategories, and frequently features sales and new arrivals. It’s clear they’re trying to be a one-stop shop for consumers, offering everything from clothing and accessories to home essentials and even pet food. The site also has a blog with articles on beauty and fashion trends.

Financially, Clearo Ltd’s situation is a bit mixed. While current assets increased by 50% to £91,000, net assets decreased by 77% to -£14,000. This significant drop in equity suggests the company is burning through cash, or perhaps has taken on increased liabilities. Bank borrowings remained stable, but creditors rose by 24%, which could be a cause for concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop is a red flag. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Clearo Ltd appears to be a small e-commerce business with potential, but it's currently facing financial pressures that need to be addressed. The company’s ability to sustain its growth and profitability will depend on its ability to manage its cash flow and control its expenses.

Registered in England/Wales under the registration number 12419989, with a registered address at CF14 8LH, Cardiff, 12419989 - COMPANIES HOUSE DEFAULT ADDRESS.

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