Fourth Generation Group Limited

Fourth Generation Group Limited is a small, active company based in Harrow, UK, founded five years ago in 2019. With £147,203 in assets and a real registered address, it’s a family business run by two directors and two owners. The company operates in both retail sales via mail order and internet, as well as the manufacture of watches and clocks. It employs zero people, meeting two of the three criteria to be considered a small company: turnover under £10.2 million, assets under £5.1 million.

The company’s website is minimal, offering little insight into its operations beyond the listed industries. There's no visible e-commerce presence, suggesting a business-to-business model or a reliance on wholesale channels. It’s difficult to determine the scale of its online activity without further investigation.

Financially, Fourth Generation Group Limited shows a mixed picture. Current assets increased by 17% to £150,000, while net assets also rose by 21% to £140,000. Cash reserves grew by 17% to £150,000, a positive sign. However, accrued liabilities remained steady at £550. Trade debtors decreased by 26%, and creditors also decreased, suggesting improved debt management. Property, plant, and equipment decreased by 25%, and cash bank on hand increased. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Fourth Generation Group Limited appears to be financially stable, with growing assets and cash reserves. The increase in net assets suggests improved profitability, although the lack of turnover figures makes it difficult to assess its revenue growth. The company's small size and family ownership likely contribute to its agility, but continued monitoring of its financial performance is recommended.

Registered in England/Wales under the registration number 12104725, with a registered address at HA3 8TJ, United Kingdom, Harrow, 26 Oakfield Avenue.

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