Forever Young Limited

Forever Young Limited, based in Ilford, UK, is a small, active company established 30 years ago in December 1994. With a single employee and £409,734 in assets, it operates from a real address and is overseen by three directors and one owner. The company is an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with its last import activity recorded one month ago in November 2021.

The company’s activities encompass manufacturing and retail, specifically focusing on textiles, apparel, luggage, saddlery, and clothing retail. It's a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s a website, but it’s currently unavailable, making it difficult to ascertain the extent of its online presence or e-commerce activities.

Financially, Forever Young Limited presents a mixed picture. Cash reserves increased slightly by 3.4% to £410,000, while creditors rose by 6.7% to £82,000. Debtors have vanished completely, dropping a staggering 100%, which is a bit unusual. Equity grew by 2.5% to £330,000, and net current assets liabilities also increased by 2.5%. The company’s unaudited accounts, prepared by Raffingers LLP, show a focus on small entity accounting and abridged financial statements. It’s worth noting that the company has elected not to deliver a profit and loss account.

Overall, Forever Young Limited seems to be holding its own, but the sudden disappearance of debtors is something to keep an eye on. The company’s long-standing presence and consistent asset base suggest a degree of stability, but the lack of detail about its online activities and the absence of an auditor makes it difficult to fully assess its financial health.

Registered in England/Wales under the registration number 03001487, with a registered address at IG6 1JU, Ilford, Essex, 18 Sunnymede Drive, Gants Hill.

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