Couer Ltd

Couer Ltd from Altrincham UK: small company, active status, founded 4 years ago, 2 employees, £38,738 assets, real address, 1 director, 1 owner, solo founder. Regular importer of essential oils and perfumes (6 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other retail sale not in stores, stalls or markets industries. Officially, it has one owner or PSCs, one director, and two employees. The address is probably real as only two companes registered at the same address.

While the company’s website isn't available, it's likely Couer Ltd operates primarily through online channels, selling essential oils and perfumes directly to consumers. Given the nature of the products, a simple e-commerce site with product listings, secure payment processing, and shipping options would be expected. It's possible they also engage in wholesale distribution to smaller retailers, but this isn't clear.

Financially, Couer Ltd presents a mixed picture. Current assets have decreased slightly, falling by 3%, to £39,000, while net assets have plummeted 120%, resulting in a negative balance of -£750. Cash reserves have also decreased by 25%, to £3,200. Trade creditors have increased by 9.2%, to £39,000. Loans from directors have increased by 13%, to £37,000. The significant drop in equity suggests the company may be burning through cash faster than it’s generating revenue, or perhaps it’s taken on additional debt. It’s possible the company is reinvesting in inventory or marketing to drive sales, but the lack of positive retained earnings is a concern. The company’s small size helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned, the figures rely on unaudited statements.

In short, Couer Ltd appears to be navigating a challenging financial landscape. While the import activity suggests ongoing business, the declining equity and cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 12767782, with a registered address at WA15 7ER, England, Altrincham, 8 Cartmel Drive, Timperley.

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