Growth Accounts Ltd

Growth Accounts Ltd, based in London, UK, is a small, holding company with an active status. Founded two years ago in January 2023, it employs four people and holds £181,697 in assets. The company operates from a virtual address – a fact highlighted by the presence of 91072 other companies registered at the same location – and is overseen by four directors and three owners.

The company’s website, Growth Accountants, positions itself as a cloud-based accountancy firm, helping businesses simplify their finances. They offer a “Growth Accountant” package, providing dedicated accountants to work alongside businesses, offering services from bookkeeping to statutory accounts and corporation tax. They also provide payroll management and offer additional services, including piano restoration.

Financially, Growth Accounts Ltd presents a mixed picture. While cash bank on hand remained stable at £120,000, net assets show a concerning negative balance of -£160,000. Creditors are at £300,000, and trade debtors are at £30,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the negative equity suggests a need for careful financial management. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company’s financial reports show that the company is not doing well.

Registered in England/Wales under the registration number 14574206, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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