One Residence Limited

One Residence Limited is a small, active company based in Bolton, UK, founded fourteen years ago in 2010. With three employees and a real registered address, it’s a solo-founded operation run by a single director and owner. The company operates in the other business support service activities n.e.c. industries. It's a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 3 months of imports, the last in October 31, 2024. The company is also a regular exporter, with its top export categories including Electrical machinery and equipment, totaling 4 months of exports, the last on June 1, 2024.

The company’s website, oneresidence.co.uk, doesn’t offer much insight into its operations beyond a basic contact form and a brief description of its services. There’s no e-commerce functionality or detailed product listings, suggesting it’s primarily focused on business-to-business interactions rather than direct sales to consumers. It seems the company is focused on providing project management services.

Financially, One Residence Limited presents a mixed picture. Cash reserves decreased by 15% to £25,000, while bank borrowings fell by 46% to £12,000, which is a positive sign. Creditors increased by 10% to £190,000, and trade debtors remained relatively stable. The company’s net assets grew by 84% to £580,000, a significant improvement, but it’s important to note that this is partly due to a substantial increase in equity. The company meets two of three criteria to be considered small, with turnover less than £10.2 million and assets less than £5.1 million. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The increase in equity, while positive, warrants closer examination. It could be the result of increased profitability, new investment, or a revaluation of assets. The company’s financial statements indicate a focus on managing debt and maintaining a healthy cash flow, but the long-term sustainability of its business model remains to be seen.

Registered in England/Wales under the registration number 07439948, with a registered address at BL1 4AP, England, Bolton, Suite 12 The White House, 42/44 Chorley New Road.

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