Excalibur Gbk Ltd

Excalibur Gbk Ltd from Oldham, UK, is a small, active company founded just two years ago. It employs 46 people and holds £43,665 in assets. With a real address and a single director and owner, it’s a compact operation. The company operates in the wholesale trade of motor vehicle parts and accessories, as well as retail sales via mail order and internet industries.

The company's website highlights its focus on supplying motor vehicle parts and accessories, catering to both wholesale and retail customers. It seems to be primarily an e-commerce business, with a website showcasing a wide range of products and offering online ordering. There's no indication of a physical storefront or showroom.

Financially, Excalibur Gbk Ltd presents a mixed picture. While current assets have increased significantly – jumping 780% to £44,000 – net assets have decreased by 120% to -£140,000. Bank borrowings have also increased, rising by 160% to £170,000, and creditors have increased by 170% to £180,000. Cash reserves have seen a remarkable increase, soaring 2300% to £12,000. Trade debtors have also increased substantially, growing by 600% to £31,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's likely exempt from an audit, and the figures are unaudited.

The significant increase in debtors suggests the company might be extending credit terms to customers, or perhaps experiencing delays in receiving payments. The large increase in creditors, coupled with the negative equity, indicates a reliance on borrowing and potentially a cash flow challenge. The director signing the financial statements is Mr. Marian Sofineti. It's a little bit odd that the company has such a large increase in cash reserves, but also a large increase in liabilities.

Registered in England/Wales under the registration number 14252498, with a registered address at OL8 3UT, England, Oldham, 615 Hollins Road.

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