Condor Group Limited
- Small
- Holding
- Active
- 86 years
- 19 employees
- £4,385,752 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Condor Group Ltd from Enfield UK is a small, holding company with an active status, having been founded 86 years ago in 1939. The company employs 22 people and holds assets worth £4,742,799. It has a real address, is managed by three directors, and has one owner. Condor Group Ltd regularly imports and exports clocks, watches, and their parts—19 months of import activity and 520 months of export activity have been recorded, with the most recent operations both taking place in February 01, 2025.
The company’s website reveals a dual focus: wholesale of watches and jewellery, and remote IT support services. The IT division offers remote support, software, and remote desktop solutions, suggesting a diversification of services beyond the core watch and jewellery trade. It's a bit confusing, but the website is simple and easy to navigate.
Financially, Condor Group Ltd shows some concerning trends. While fixed assets increased by 13%, cash reserves decreased by 21% to £750,000. Bank borrowings also fell by 27%, indicating less reliance on loans. However, the most significant change is a 16% drop in equity, falling to £370,000. Creditors increased by 29%, and trade debtors surged by 890%, which could indicate difficulties in collecting payments from customers. 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 drop in equity and the increase in creditors are worth noting. There's no auditor mentioned, so the figures are unaudited.
Overall, Condor Group Ltd appears to be navigating a challenging environment. The diversification into IT services could be a strategic move to adapt to changing market conditions, but the financial figures suggest a need for careful management and a focus on improving cash flow.
Registered in England/Wales under the registration number 00348686, with a registered address at EN1 3EA, Enfield, Middlesex, Condor House, 700 Great Cambridge Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 9
-
Resident of United Kingdom
-
Individual
- 4 years
- 3
-
Resident of United Kingdom
-
Individual
- 13 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
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Total exemption full accounts made up to 2024-09-30Download 9 pages pdf report
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Confirmation statement made on 2024-12-14 with no updatesDownload 3 pages pdf report
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Director's details changed for Mr Narshi Bhoja on 2024-06-20Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Condor Group Limited
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