Pocket Gadgetz Ltd

Pocket Gadgetz Ltd from Congleton UK: a small, active company founded 15 years ago, is currently two months overdue on its confirmation statement. Employing just two people and holding £79,413 in assets, it’s a modest operation with three directors and one owner. The company’s registered address is real, with only one other business registered there.

Pocket Gadgetz Ltd operates in the retail sale via mail order houses or via internet industries. 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, and employees less than 50. The website, however, is currently unavailable, so it’s difficult to determine the specifics of its e-commerce activities.

Financially, Pocket Gadgetz Ltd's recent performance presents a mixed picture. Cash reserves have increased by a modest 1.8% to £77,000, a positive sign. However, creditors have risen significantly by 47% to £74,000, and equity has plummeted by a substantial 78% to just £5,600. Debtors have also seen a dramatic increase, jumping 1100% to £2,700. These figures suggest the company may be burning through cash to support its operations, or perhaps extending credit to customers. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

The company's small size and lean structure allow for agility, but the significant drop in equity is concerning. It's possible that the company has invested heavily in inventory or marketing, or that it has experienced a temporary dip in sales. While the company is active, the financial data suggests it’s facing some challenges—hopefully it can weather the storm.

Registered in England/Wales under the registration number 07161508, with a registered address at CW12 3TR, England, Congleton, Cheshire, 2 Telford Close.

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