Holiday Accent Limited

Holiday Accent Limited, based in London, UK, is a small, active company founded 10 years ago. With a single employee and £3,186 in assets, it operates from a virtual address shared by thousands of other businesses. The company, led by a solo founder and director, Mcleish Barbara, specializes in retail sales via mail order and internet.

The company’s website, Holiday Accent, focuses on selling seasonal decorations and gifts. It offers a wide range of products, from Christmas ornaments to Easter decorations, catering to customers looking for festive items. The site is well-designed and easy to navigate, showcasing a variety of products with clear descriptions and images. It seems like a typical e-commerce operation, aiming to capitalize on seasonal demand.

Financially, Holiday Accent Limited presents a concerning picture. Cash bank on hand has plummeted by a staggering 85%, leaving only £440. Current assets have also decreased significantly, falling 42% to just £3,200. Equity has worsened, dropping 2.5% to -£100,000. While creditors remain stable at £110,000, the sharp decline in cash and equity suggests the company is burning through money. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so these figures are unaudited.

The company’s reliance on a single director and owner, coupled with the negative equity and dwindling cash reserves, raises questions about its long-term viability. While the seasonal nature of the business may explain some of the fluctuations, the trend suggests a need for careful financial management to avoid running out of money.

Registered in England/Wales under the registration number 09193599, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.

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