Flags & More Ltd

Flags And More Ltd from Harrow UK: small company, active status, founded 8 years ago, 1 employee, £28,314 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £28,314.

Flags And More Ltd is a private limited company operating from Harrow, UK, specializing in flags and related accessories. The company’s website showcases a wide range of products, including British flags, custom flags, signal maritime flags, and organizational flags, alongside accessories like flag bases and poles. They also offer face covers with unique designs, catering to both personal and promotional needs. The site’s design is functional, with clear product categories and a straightforward checkout process, suggesting a focus on e-commerce sales. They have a good range of products and a lot of options, which is good.

Financially, Flags And More Ltd presents a mixed picture. While the company holds £28,314 in current assets, bank borrowings have increased to £2,900, and cash reserves have declined by 5.4% to £14,000. A significant drop in equity, from £1,400 to £4,400, suggests a need for careful financial management. Debtor’s have increased by nearly 50%, which could be a sign of growth, or a sign that they are struggling to get paid. Creditors have also increased, which is a little concerning. The company's small size, with only one employee, keeps overhead low, but the increased debt and declining cash reserves warrant close monitoring. The accounts are unaudited, which is standard for small companies, but it does mean there’s no independent verification of the numbers. It's a little worrying that the company is relying on a virtual address, as seventy four companies are registered there.

Registered in England/Wales under the registration number 10611002, with a registered address at HA1 1BH, England, Harrow, 166 College Road.

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