French Quarter Limited

French Quarter Limited is a small holding company based in London, UK, with an active status. Founded six years ago in 2019, it employs 91 people and holds £707,702 in assets, generating £5,050,074 in revenue annually. The company operates from a virtual address, registered at EC4M 7AN, London, Third Floor, 20 Old Bailey—a location shared by eighty-six other companies, raising questions about its physical presence. It's run by two directors and has one owner, Noctis Event Sas, who also holds a significant share. The business operates an e-commerce site selling homewares, gifts, and accessories, with a focus on curated collections and artisan products. It also regularly imports furniture, lighting, and prefabricated buildings, with the last import operation occurring three months ago in May 2020.

The company’s website showcases a diverse range of products, from cake stands and tableware to cushions and lighting, catering to both home décor and gifting needs. It emphasizes unique, high-quality items, often sourced from talented artisans and globally. The site is well-designed and user-friendly, featuring clear product categories and attractive visuals.

Financially, French Quarter Limited shows a mixed picture. While turnover increased by 19%, net assets declined by 22% to -£5.6 million. Creditors increased by 26% to £6.9 million, and bank borrowings decreased by 31% to £1.7 million. Cash reserves, however, rose by 62% to £270,000, which is a positive sign. Average number of employees decreased by 13% to 79. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop is concerning. There’s no auditor mentioned, so the figures are unaudited.

The increase in creditors suggests the company may be relying on credit to manage its operations, while the decrease in bank borrowings could indicate efforts to reduce debt. The decrease in employees might be due to restructuring or seasonal fluctuations. Overall, French Quarter Limited appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 11947544, with a registered address at EC4M 7AN, London, Third Floor, 20 Old Bailey.

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