Idle Rich Limited

Idle Rich Ltd from Wheathamstead UK: a small company with an active status, was founded 23 years ago. It employs just two people and holds £6,015 in assets, operating from a real address. The business is led by three directors and owned by two individuals, representing a family business. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, Idle Rich Images, reveals a fascinating blend of photography and digital art. The site is a showcase for Leo Rich's work, a photographer who transitioned from slide film to digital. It features a gallery, news, links, and even slide presentations and digital talks. The website suggests a focus on image purchase and copyright protection, powered by Clikpic. It’s a rather unique online presence, hinting at a business built around artistic expression and digital preservation.

Financially, Idle Rich Ltd’s report paints a mixed picture. Current assets have dropped significantly by 27% to £6,000, while net assets have fallen 24% to -£73,000. Cash bank on hand has also decreased by 19% to £4,300. Creditors have risen sharply by 62%, and debt increased. The company’s small size and lack of employees (just two) contribute to its agility, but the decline in equity is a concern. The company’s debts have increased, and it’s not clear if this is a short-term issue or a longer-term trend. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 04326829, with a registered address at AL4 8BZ, Wheathamstead, Hertfordshire, Riverside, Meads Lane.

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