Cohesion Retail Group Ltd

Cohesion Retail Group Ltd, based in Newcastle, UK, is a small holding company with an active status, established nine years ago in 2015. The company holds £4,806,260 in assets and operates from a real address, managed by two directors and one owner. It regularly imports toys, games, and sports equipment (9 months), and exports clothing and accessories (13 months).

The company's website, Cohesion Retail Group, lists The Old School Stone Road as its address. It appears to operate as a retail business, specializing in clothing and accessories. It's not immediately clear if they have an e-commerce presence, but the site suggests a focus on physical retail.

Financially, Cohesion Retail Group Ltd presents a mixed picture. Current assets have significantly decreased by 45%, dropping to £4,800,000. Net assets also fell sharply, declining 35% to £4,100,000. Cash reserves have taken a hit, falling 64% to £1,500,000. However, creditors have also decreased by 63%, suggesting improved debt management. Trade debtors have fallen by 81%, which is a good sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

The significant drop in assets and cash reserves, despite reduced liabilities, suggests the company may be burning through cash, perhaps due to increased operating expenses or investments. However, the decrease in creditors indicates that the company is managing its debts effectively. The company’s financial position will need close monitoring in the coming months to see if it can stabilize and return to growth.

Registered in England/Wales under the registration number 09866355, with a registered address at ST5 5EG, United Kingdom, Newcastle, Staffordshire, The Old School Stone Road, Blackbrook.

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