Currier & Sons Limited

Currier & Sons Limited is a small, active company based in Solihull, UK, founded five years ago in 2019. With £48,838 in assets and a virtual address shared by 162 other companies, it’s a solo-founded operation run by two directors and one owner. The business operates in the retail sale of watches and jewellery, both in specialised stores and online.

The company’s website, while not currently live, suggests a focus on curated collections and a personalized shopping experience. It’s clear they’re aiming for a premium feel, despite the small scale. The business also has a good Google rating from a few reviews.

Financially, Currier & Sons Limited shows some concerning trends. While the company’s small size (meeting two of three conditions for a small company) helps it stay nimble, net assets have plummeted 92%, dropping to -£6,200. Cash bank on hand has also decreased by 72%, leaving just £1,900. Creditors have increased by nearly 7%, and trade debtors remain unchanged. The company’s bank borrowings have also increased. The lack of an auditor (likely exempt as a small company) means these figures are unaudited.

Despite the challenges, Currier & Sons Limited’s focus on a niche market and online presence could provide a path to recovery. However, the significant equity decline and shrinking cash reserves suggest the company is burning through money, and needs to find a way to improve its financial health.

Registered in England/Wales under the registration number 12130649, with a registered address at B93 9LF, United Kingdom, Solihull, West Midlands, 1623 Warwick Road Knowle.

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