Podium Products Limited

Podium Products Ltd from St. Albans UK is a small, active company founded five years ago. It employs just one person and is led by a solo founder who also serves as director and owner. The company’s registered address is real, with only one other business registered there.

The business operates in the retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets. Its website showcases a wide range of products, including watches, handbags, jewellery, clothing, footwear, and accessories. Customers can browse the collection, contact the company for further details, and subscribe to a newsletter. The site also features a section on shipping and postage, as well as a warranty and finance option.

Financially, Podium Products Ltd presents a mixed picture. Cash bank on hand has completely disappeared, dropping 100% to zero. Current assets also vanished, falling 100% to zero. However, the company’s property plant equipment, while also dropping 100%, started at a base of just £540, so the impact is less significant. Amounts owed to directors have increased dramatically, rising 110% to £38,000. Creditors have also increased, rising 100% to £39,000. Equity, meanwhile, has plummeted 120% to -£39,000. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the significant decline in equity and cash reserves suggests it’s burning through money. There’s no mention of an auditor, which is common for small, exempt companies. The company’s financial instruments have remained unchanged, though.

Registered in England/Wales under the registration number 12042456, with a registered address at AL1 3BH, England, St. Albans, 39 Bedford Road.

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