Great Deals Ltd

Great Deals Ltd from Telford UK: small company, active status, founded 2 years ago, £655 assets, real address, 1 director, 2 owner, solo founder, google rating 3.0 based on 15 reviews. It’s a small operation, meeting two of three conditions to qualify as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was incorporated on April 18, 2023, and currently holds £655 in assets. It operates from a real address at 14 Stanmore Drive, Trench, Telford, with only one other company registered at the same location. The business is led by one director and owned by Kramer Daniel, who also serves as the solo founder. While the company has a Google rating of 3.0 based on 15 reviews, it’s worth noting that the list of owners was changed two years ago, and the director list was changed four months ago.

The company’s website, simply titled “Home GREAT DEALS LTD,” suggests a straightforward, perhaps no-frills online presence. It’s difficult to determine the full extent of their operations from the homepage alone, but the company appears to be focused on the maintenance and repair of motor vehicles, retail sales via mail order and internet, and the sale of used cars and light motor vehicles. It’s unclear whether the site functions as a full-fledged e-commerce platform, but the lack of detailed product listings or shopping cart functionality suggests a more limited online presence.

Financially, Great Deals Ltd presents a picture of a very small business struggling to gain traction. Current assets remain static at £660, while net assets also remain at £340. Cash on hand is a mere £3, and bank borrowings are £29,000. Trade debtors are £650, and creditors are £310. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does allow for agility, but the lack of growth and the reliance on bank borrowings raise concerns. The accounts are unaudited and classified as "filleted accounts," meaning they are exempt from a full audit due to the company's size. There's no mention of an auditor, which is typical for small companies. It seems like the company is holding steady, but it's not expanding much.

Registered in England/Wales under the registration number 14811065, with a registered address at TF2 7DF, England, Telford, 14 Stanmore Drive, Trench.

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