Colora Limited

Colora Limited, based in London, UK, is a small, active company founded eight years ago. With a single employee and £53,438 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company regularly imports carpets and textile floor coverings, with its last import operation occurring four months ago.

Colora Limited functions as a Salesforce CRM consultancy and implementation partner. Its website highlights services including Salesforce CRM consultancy, implementation, and customization, catering to businesses aiming to optimize sales processes and boost revenue. The company’s expertise is emphasized, with a focus on delivering customized solutions to meet clients’ unique needs and goals. It operates from Wimbletech Offices, 35 Wimbledon Hill Road, London, SW19 7NB.

Financially, Colora Limited’s recent reports present a mixed picture. Accumulated depreciation for plant and machinery increased by 35%, while bank overdrafts rose by 16%. Cash bank on hand decreased significantly, dropping 52%. Creditors increased by 60%, and current assets also grew by 62%. However, equity experienced a notable decline, with retained earnings and accumulated losses decreasing by 66%. Trade debtors decreased slightly, while other creditors saw a massive 2100% increase. It’s a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, likely due to its small size.

Overall, Colora Limited seems to be facing some financial challenges, with a decrease in equity and a rise in short-term liabilities. It’s possible the company is investing heavily in growth, but the trends suggest it’s burning through money. The management structure, with a single director and owner, could also be a factor, potentially limiting resources and expertise.

Registered in England/Wales under the registration number 10657005, with a registered address at N5 2ER, United Kingdom, London, Office 408, Screenworks 22 Highbury Grove.

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