Complete Fone Solutions Limited

Complete Fone Solutions Ltd from Brighton UK: a small, active company founded nine years ago, employs three people, and holds £204,444 in assets. It's a solo founder operation with one director and a 5.0 Google rating based on 57 reviews. The company regularly imports electrical machinery and equipment, with 22 months of import activity recorded.

The company operates in the retail sale of mobile telephones, and its website, Total Phone Solutions, highlights a focus on recycling technology and providing services like triage, QC, repair, and refurbishment. They sell devices via Amazon and eBay, utilizing PhoneCheck for testing and secure data erasure. The company also provides services for businesses, including a physical location in Stoke-on-Trent.

Financially, Complete Fone Solutions Ltd presents a mixed picture. While current assets decreased by 1.6% to £200,000, net assets took a significant hit, dropping 950% to -£96,000. Bank borrowings increased dramatically, rising 1,100% to £9,700, and cash reserves fell 87% to just £1,500. Creditors also increased significantly, rising 64% to £250,000. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

The company's financial struggles are evident, with a large drop in equity. It's possible that increased creditors reflect investments in growth, but the decrease in cash reserves is concerning. The company’s reliance on external funding and its ability to manage debt will be key to its future success.

Registered in England/Wales under the registration number 09741578, with a registered address at BN1 2DA, England, Brighton, East Sussex, 154 Western Road.

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