Cult Commercials Limited

Cult Commercials Limited, based in Cheltenham, UK, is a small, active company founded just two years ago. With £279,176 in assets and a virtual address shared by 168 other companies, it's a solo-founded operation managed by a single director and owner. The business operates an e-commerce site and boasts a stellar 5.0 Google rating from three reviews. It’s an irregular importer, with its top category being vehicles, parts, and accessories, with one month of import activity recorded as of February 3rd, 2024.

The company's website, while not providing extensive details, indicates a focus on the sale of used cars and light motor vehicles, positioning itself within a competitive market. It’s a family business, with Brooks Daniel listed as both director and owner.

Financially, Cult Commercials Limited presents a mixed picture. Current assets remain relatively stable at £280,000, and cash reserves are healthy at £40,000. However, net losses increased to £28,000, and creditors are significant at £260,000. Trade debtors are also substantial at £61,000, suggesting potential challenges in collecting payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to the small company exemption.

While the e-commerce site appears active and well-reviewed, the financial data reveals a need for careful management. The increase in losses, despite stable assets, could be due to increased operating expenses or competitive pressures. Whether the company can maintain its positive customer reviews while navigating these financial challenges remains to be seen.

Registered in England/Wales under the registration number 14755202, with a registered address at GL51 4UA, United Kingdom, Cheltenham, Gloucestershire, Northfield House Shurdington Road, Bentham.

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