Holcombe Trading Limited

Holcombe Trading Ltd from Wellington UK is a small, active company founded four years ago. It holds £49,229 in assets and operates from a virtual address, a detail flagged by the presence of 170 other companies registered at the same location. The company, managed by a single director and owner – a solo founder – regularly imports optical and medical tools and devices, with a history of five months of import activity.

The company’s website, Holcombe Financial Services, reveals a different focus: financial planning and wealth management. It offers a range of services, from personal investment advice to inheritance tax planning and company pension schemes, catering to both individual and business clients. The site highlights its team of Chartered Financial Planners and emphasizes open, transparent service delivery. It seems to be a professional services business, not an e-commerce operation.

Financially, Holcombe Trading Ltd presents a mixed picture. Current assets decreased by 13% to £49,000, while net assets also fell by 38% to -£30,000. Cash bank on hand increased by 16% to £14,000, a positive sign. However, trade debtors plummeted by 85%, suggesting a significant reduction in outstanding customer payments, and creditors remained steady at £79,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity is a concern. The accounts are unaudited and exempt, relying on director-reported data.

The company's financial data indicates a possible slowdown in sales or increased expenses, although the rise in cash reserves suggests improved liquidity. Whether this is a temporary dip or a longer-term trend remains to be seen, but Holcombe Trading Ltd appears to be navigating a challenging economic environment.

Registered in England/Wales under the registration number 12621117, with a registered address at TA21 8QT, England, Wellington, Somerset, 9 High Street.

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