Covent Garden Trading Ltd

Covent Garden Trading Ltd from Nantwich UK: a small holding company with an active status, was founded four years ago and employs just four people. It operates from a real address and is led by one director and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances, including parts—17 months of imports and 12 months of exports recorded.

The company's website, Covent Garden, positions itself as a destination for shopping, dining, and culture. It features a directory of brands, restaurants, and experiences, catering to both locals and tourists. The site highlights various events and promotions, encouraging visitors to explore the area. It also has a section for businesses looking to establish a presence in Covent Garden. The website suggests a focus on retail and hospitality, with a strong emphasis on creating a curated visitor experience. It’s clear the company isn’s directly selling products through its website, but rather acting as a marketing and information hub for the Covent Garden area.

Financially, Covent Garden Trading Ltd’s recent report shows some concerning trends. While the company's assets decreased by 100% to zero, its liabilities increased significantly, resulting in a net loss of £240,000—a substantial jump from the previous year. Bank borrowings increased dramatically, reaching £90,000, while cash reserves vanished completely. Creditors also decreased, suggesting better debt management. 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 sharp decline in equity raises questions about its financial health. No auditor is mentioned, likely due to its status as a small company, so the figures are unaudited.

The company’s holding nature and its focus on promoting Covent Garden suggest it may be supporting other businesses in the area. The significant losses, however, indicate a need for careful management and a potential need to re-evaluate its business model—or perhaps it’s a startup burning through cash in pursuit of growth.

Registered in England/Wales under the registration number 12889185, with a registered address at CW5 5LS, United Kingdom, Nantwich, Cheshire, 30 Wall Lane.

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