Empirical Praxis Limited

Empirical Praxis Limited, based in Folkestone, UK, is a small, active company founded 22 years ago. With just two employees and £956 in assets, it's a modest operation overseen by three directors and two owners. The company operates in both retail sale via mail order and portrait photography, suggesting a diverse range of activities.

The company’s website is minimal, offering little insight into its current operations. It's unclear if Empirical Praxis Limited maintains an active e-commerce presence, but the business appears to focus on traditional photography services.

Financially, Empirical Praxis Limited presents a mixed picture. Current assets have decreased by 8.1% to £960, while net assets have declined by 4.9% to -£28,000. Bank borrowings remain stable, and cash reserves have also decreased slightly. Creditors have increased by 4%, indicating a slight increase in short-term liabilities. 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 negative equity suggests a reliance on external funding or a need to improve profitability. There’s no auditor mentioned, which is common for small companies.

Overall, Empirical Praxis Limited appears to be navigating a challenging financial landscape. While its diverse business model offers potential, the negative equity and declining assets warrant close monitoring.

Registered in England/Wales under the registration number 04581539, with a registered address at CT18 7HX, England, Folkestone, 153 Old Dover Road, Capel-Le-Ferne.

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