Clerigo Limited

Clerigo Ltd, based in Bury St. Edmunds, UK, is a small, active company founded eleven years ago. With three employees and £34,847 in assets, it operates as a family business with a virtual address and a 5.0 Google rating (based on one review). The company is a somewhat irregular importer, having imported goods for just one month over the last four years, with its last import activity in 2020. It runs an e-commerce site and is overseen by one director and two owners.

The company’s website, while not fully detailed, indicates a focus on retail sales via mail order and the internet. It appears to be a modest operation, meeting the criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The address, shared by 196 other companies, is likely a virtual one.

Financially, Clerigo Ltd presents a mixed picture. Current assets have taken a significant hit, dropping by 70% to £35,000. Bank borrowings have decreased by 11% to £37,000, and cash reserves have plummeted 91% to just £4,600. Creditors have also decreased by 16% to £39,000. Equity has seen a dramatic decline, dropping 260% to -£200,000. The company’s net assets have also dropped significantly, falling 570% to -£180,000. While the decrease in creditors suggests improved debt management, the sharp decline in assets and equity raises concerns about its financial health. No auditor is mentioned, which is typical for small, exempt companies.

The company's reliance on a single Google review and the dramatic shift in equity suggest it’s a business that’s either experiencing turbulence or has made significant investments. It’s hard to say for sure, but the numbers indicate a company that’s facing some financial pressure.

Registered in England/Wales under the registration number 08718144, with a registered address at IP28 7DE, England, Bury St. Edmunds, Suffolk, 82a James Carter Road, Mildenhall.

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