Peapod Limited

Peapod Ltd from Shipley UK: a small holding company with an active status, was founded 28 years ago in 1996. It employs just two people and holds assets totaling £1,173,252. The company has a real address, is overseen by two directors, and is owned by one individual. Peapod Ltd regularly imports machinery, boilers, and mechanical appliances; parts (141 months imported), but exports nothing (11 months exported).

The company operates as a holding company, overseeing investments and potentially other businesses. It’s a small entity, meeting two of the three conditions to be classified as such: turnover under £10.2 million, a balance sheet total under £5.1 million, and fewer than 50 employees. Its current assets are £1,200,000, a significant increase from the previous year.

Peapod Ltd’s financial situation shows some interesting trends. Bank borrowings have dramatically increased by 97,000%, reaching £180,000, while cash reserves have also jumped by 37,000%, now at £140,000. Creditors have risen by 91%, now at £1,200,000, and net assets have increased by 150%, now at £2,800,000. The company’s net current assets and liabilities have improved considerably. The firm's trade debtors have increased by 1,000%, now at £1,000,000.

The company’s financial statements are unaudited, a common practice for small companies. The accounts were prepared using CCH Software. The director acknowledges their responsibilities under the Companies Act.

While the company’s financial health appears to be improving, the substantial increase in borrowings warrants further scrutiny. It’s unclear whether this is a strategic investment or a sign of financial strain. The lack of employees suggests a lean operation, but the increased liabilities could pose a risk.

Registered in England/Wales under the registration number 03289569, with a registered address at BD17 7AX, England, Shipley, West Yorkshire, Unit 2 Sapper Jordan Rossi Park, Baildon.

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