El Greco Products Ltd

El Greco Products Ltd from Sidcup UK: a small, active company founded three years ago, boasts a real address, is led by one director, and is owned by a single individual who also serves as the solo founder. The company, meeting two of three criteria for a small business (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees), operates in the retail sale via mail order houses or via internet industries.

The company’s website, while minimal, showcases a focus on online retail. It’s unclear if they have a dedicated e-commerce platform, but the description suggests a mail-order component alongside internet sales. There's no obvious indication of a physical storefront or extensive marketing efforts beyond the basic website presence.

Financially, El Greco Products Ltd appears to be struggling. Net assets have decreased significantly, plummeting 36% to -£1,500. Cash reserves are also down considerably, shrinking 82% to just £28. While loans from directors have increased by 21%, suggesting a reliance on personal funding, the overall picture is concerning. Trade creditors have also risen by 21%, which could indicate difficulties in managing short-term liabilities. The company's small size and lack of employees (zero reported) contribute to a lean operation, but the negative equity and dwindling cash reserves are worrying signs. The accounts are described as “filleted” and unaudited, which is typical for small companies exempt from an audit, and no auditor is mentioned. It's possible that the business is burning through cash faster than it’s generating revenue, or perhaps it's facing unexpected expenses.

Registered in England/Wales under the registration number 13629869, with a registered address at DA15 9JE, England, Sidcup, 213 Ramillies Road.

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