Number 15 Limited

Number 15 Limited is a small, active company based in London, UK, established twelve years ago in February 2013. It’s a private limited company with a single director and two owners, employing just one person. The company holds £106,424 in assets and operates from a virtual address, registered at 17 Grosvenor Street, Mayfair, which is shared by thirty-nine other companies. Accounts are currently overdue by four months, and the confirmation statement is one month late.

The company’s primary focus is retail sales via mail order and internet, operating within the broader IT sector. Its website details a range of services including managed IT support, cyber security, user training, and IT consultancy projects, targeting businesses in Gloucestershire and beyond. It even offers Microsoft 365 and cloud solutions, and provides IT support for schools. The company’s marketing emphasizes a “fully managed” approach, promising to keep businesses “connected, secure, updated, and informed.”

Financially, Number 15 Limited’s situation is mixed. While current assets have increased slightly to £110,000, equity has significantly decreased by 40% to £35,000. Bank borrowings have also increased, and cash reserves have fallen by 39% to £3,000. Trade debtors have risen by 5.2%, suggesting potential delays in customer payments. Creditors have also increased substantially by 56%, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three conditions for being small) helps it remain flexible, but the decline in equity is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Number 15 Limited appears to be navigating a period of financial pressure, despite its active business operations. It’s possible the company is reinvesting in growth, but the declining equity warrants closer monitoring.

Registered in England/Wales under the registration number 08405597, with a registered address at W1K 4QG, England, London, 17 Grosvenor Street, Mayfair.

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