Great Ventures Ltd

Great Ventures Ltd from Stanmore UK is a small company with an active status, founded three years ago. It holds £51,721 in assets and operates from a real address, managed by three directors and two owners. The company regularly imports basic metal tools and utensils, with eight months of import activity recorded, the last operation made on January 01, 2025. It operates in the retail sale via mail order houses or via internet industries.

The company’s website is currently unavailable, making it difficult to assess its online presence and customer engagement. Without a functioning website, it's hard to determine the extent of its e-commerce operations and the range of products it offers.

Financially, Great Ventures Ltd presents a mixed picture. Current assets have increased by 55% to £52,000, while net assets have plummeted 240% to -£33,000. Bank borrowings have surged by 120%, reaching £42,000, and cash reserves have increased by 5600%, reaching £1400. Creditors have increased by 97%, reaching £85,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 1 employee) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data suggests it’s burning through money, likely a common scenario for a startup. Advances to directors have increased significantly, which could be a sign of personal investment or potentially a management issue. The lack of employees reported (zero) suggests a lean operation, but the negative equity and rising debts are concerning.

Registered in England/Wales under the registration number 13348434, with a registered address at HA7 1AD, England, Stanmore, 7 Maychurch Close.

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