Fantas-tak (retail) Ltd.

Fantas Tak Retail Ltd from Eccleshill, UK, is a small holding company with an active status, established 22 years ago. It employs five people and holds £100 in assets, operating from a real address with three directors and one owner. The company regularly imports and exports plastics and plastic products, with eight months of import activity and 56 months of export activity.

The company’s website is not available, so it’s difficult to determine if they operate an e-commerce platform. However, the company description indicates they manufacture glues, suggesting a business-to-business model rather than direct retail.

Financially, Fantas Tak Retail Ltd presents a concerning picture. Current assets have plummeted by a staggering 99.6% to just £100, while net assets have also fallen dramatically to £100. Bank borrowings have disappeared entirely, and cash reserves have dropped 97.6% to £56. Creditors have also vanished, and trade debtors have fallen to a mere £44. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the dramatic decline in equity and assets is a major red flag. There’s no auditor mentioned, so the financial statements are unaudited.

The significant drop in assets and the disappearance of cash reserves suggest the company may be burning through money quickly, or struggling to collect payments. The lack of employees, combined with the reliance on external funding (as indicated by the previous bank borrowings), could indicate a lean operation, but also one vulnerable to financial shocks. It's possible that the company has restructured its finances, but the sharp decline in key metrics warrants close monitoring.

Registered in England/Wales under the registration number 04601200, with a registered address at BD2 2EE, Eccleshill, Bradford, Hillside House, Stewart Close.

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