Futuro International Ltd

Futuro International Ltd from Halifax UK is a small, active company founded five years ago. It’s a solo founder operation with two directors and one employee, holding £3,946 in assets. The company operates in the retail sale via mail order houses or via internet industries.

The business's website, while minimal, suggests a focus on online retail. It's difficult to determine the exact nature of their products or services without further investigation, but the site's presence indicates an e-commerce strategy.

Financially, Futuro International Ltd presents a concerning picture. Net assets have plummeted by a staggering 1200%, landing at a negative -£1000. Cash bank on hand has also decreased by 9.4% to £2,900. While creditors have remained stable, the significant drop in equity and the negative net assets suggest the company is struggling to maintain financial stability. Debtors have increased, which could indicate issues with customer payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does offer some agility, but the sharp decline in equity is a serious concern. There’s no auditor mentioned, which is common for small, exempt companies, so the figures are unaudited.

It’s clear that Futuro International Ltd is facing financial headwinds. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company will need to address its negative equity and declining cash reserves to ensure its survival.

Registered in England/Wales under the registration number 11984298, with a registered address at HX1 2AF, United Kingdom, Halifax, 33 Harrison Road.

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