Friend+friend Limited

Friend+friend Limited is a small, family-run business based in Canterbury, UK, with an active status. Founded four years ago in February 2021, the company employs just two people and holds £60,990 in assets. It operates from a virtual address, registered at an address shared by 880 other companies, and is led by two directors and two owners. The company regularly imports vehicles, parts, and accessories – a trade it’s been involved in for three months.

The company’s website highlights its focus on childcare, operating a group of nurseries in Wiltshire and Hampshire. These nurseries, branded as “First Friends,” provide award-winning early years care, emphasizing nature-based learning and a nurturing environment. The site showcases various programs, including funded childcare, thoughtful food, movement and mindfulness activities, and even Makaton sign language lessons. It’s clear the company is dedicated to providing a holistic and enriching experience for young children.

Financially, Friend+friend Limited shows a mixed picture. Cash bank on hand has seen a significant increase of 110% to £51,000, a positive sign. However, creditors have also risen by 31% to £23,000, and trade debtors have fallen by a substantial 49% to £10,000. Equity has grown by 78% to £47,000, which is good, but the company’s net assets liabilities are at £38,000. The company is meeting two of three conditions for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s focus on childcare, combined with a lean operational structure, suggests a business with potential, but the rising creditors and falling debtors indicate a need to manage cash flow carefully.

Registered in England/Wales under the registration number 13229380, with a registered address at CT1 3DN, United Kingdom, Canterbury, Kent, Camburgh House, 27 New Dover Road.

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