Conduit Club Limited

Conduit Club Ltd from London UK: small company, holding company, active status, founded 4 years ago, 98 employees, £1,577,614 assets, virtual address, 5 directors, 1 owner, google rating 5.0 based on 416 reviews. Irregular importer of ceramic products (2 months imported).

Conduit Club Limited operates as a private members’ club with a focus on social impact, based in the heart of London, Covent Garden. Founded four years ago, the company employs 98 people and holds £1,577,614 in assets. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company is a holding company, with five directors and one owner reported, though the owner list may not be exhaustive. It has a virtual address, registered at 9 Bonhill Street, London, where 152 companies are registered, which is a bit unusual. The club boasts a stellar 5.0 Google rating from 416 reviews, suggesting a positive reputation among its members. They occasionally import ceramic products, though this activity has been irregular, with just two months of imports recorded in 2021.

The club's website highlights its mission to connect business, social, and political leaders, offering a space for events, workspaces, and exclusive member benefits. It’s clearly geared towards a high-end clientele, with a focus on networking and impact-driven conversations. The club’s activities include hosting speakers, facilitating investor meetings, and offering digital courses. It seems to be a place for entrepreneurs, investors, activists, and policymakers to connect.

Financially, Conduit Club Limited shows some concerning trends. Cash bank on hand has decreased by a significant 59%, falling to £440,000. Net assets have also declined, though not as dramatically, dropping to £2.2 million. Creditors have increased by 7.7%, reaching £4.2 million, and trade debtors have fallen by 77%, suggesting difficulties in collecting payments. The company’s average number of employees has also dropped from 98 to 82. The company’s auditor, HaysMac LLP, hasn’t reported any issues, but the declining cash reserves and increasing debt raise questions about its long-term financial health. It's likely that the company is burning through cash to support its operations and member acquisition efforts. While the club’s strong Google rating suggests a loyal membership base, sustaining growth and profitability will require careful financial management.

Registered in England/Wales under the registration number 12976435, with a registered address at EC2A 4DJ, England, London, 9 Bonhill Street.

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