Clivedale Ventures Limited

Clivedale Ventures Ltd, a small, active company based in London, UK, was founded thirteen years ago in 2012. With eight employees and £6.3 million in assets, it’s a modest operation led by two directors and a solo founder. The company boasts a respectable 4.0 Google rating from thirteen reviews. It’s a regular importer, primarily of furniture, lighting, and prefabricated buildings, with eleven months of import activity recorded, the latest in January 2024.

The company operates in the “other service activities n.e.c.” industries, suggesting a diverse range of services. While no website is available to analyze, this sector often involves consultancy, property management, or specialized services. The company's registered address is real, with only four companies registered at the same address.

Financially, Clivedale Ventures Ltd presents a mixed picture. While cash reserves have surged a remarkable 1,300% to £470,000, net assets have decreased by 14% to £16 million. Current assets have doubled to £6.3 million, but trade debtors have increased significantly by 190% to £5.9 million, suggesting potential issues with customer payments. Bank borrowings have also risen, increasing by 13% to £2.7 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants attention. The company’s auditor is Pritchard Fellows & Co.

The sharp increase in debtors could be due to expanded credit terms or a shift in customer payment patterns. The decrease in equity, despite increased cash, suggests that the company may be reinvesting heavily in its operations, or perhaps experiencing losses elsewhere. The company's reliance on a single owner, while common in smaller ventures, could also present a management risk.

Registered in England/Wales under the registration number 08021897, with a registered address at W1K 4HX, England, London, 73 Brook Street.

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