Limitless Marketing Group Limited

Limitless Marketing Group Ltd from Wallsend UK: a small, holding company with an active status, was founded four years ago in 2020. The company holds £104,363 in assets and operates from a virtual address, registered at a business centre that hosts over two hundred companies. It’s managed by two directors and has three owners, though the full list of owners isn’s published.

The company’s core business appears to be retail sale via mail order houses or via internet. However, the company’s website is currently unavailable, so it’s difficult to assess the extent of its online presence or specific product offerings. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Limitless Marketing Group Ltd presents a mixed picture. Cash reserves have increased by 130% to £86,000, which is good news. However, bank borrowings have also doubled to £24,000, and accrued liabilities have increased by 100% to £2,400. Creditors have risen significantly, by 240% to £60,000, and taxation and social security payable have jumped by a staggering 610% to £33,000. Trade debtors have also increased, by 190% to £19,000. Despite these challenges, net assets have risen by 120% to £44,000. The company’s accounts are audit exempt, so they are unaudited.

The company’s growth in bank borrowings and rising liabilities suggest it’s reinvesting in the business, but it’s also relying more on credit. It’s likely that the company is facing some challenges in managing its cash flow, but the increase in cash reserves indicates that it’s still able to generate revenue. The lack of employees reported (zero) suggests a lean operation, possibly run by the directors themselves.

Registered in England/Wales under the registration number 12571712, with a registered address at NE28 6EQ, England, Wallsend, Suite 2.05 Swans Centre For Innovation, Station Road.

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