Poltergeist Group Limited

Poltergeist Group Limited is a small, active company based in London, UK, founded three years ago in February 2022. It holds just £872 in assets and operates from a virtual address where 809 other companies are also registered. The company is run by a single director and owner, Gamco Andrei, who also acts as the solo founder. It's a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website presents a somewhat eclectic mix of offerings. The top of the page lists "Work," "Alice in Wonderland," "Ghost Walk," "Art," "Heist," "Lights Over Tesco," and "Chat Bot" alongside a "What's On" section. Further down, there's a "Photo," "The Other Richard," "Poltergeist Theatre 2021," and a "Logo by Shankho Chaudhuri." It’s difficult to discern a clear, unified business model from this presentation; it appears to be a collection of artistic and entertainment ventures. The website does mention wholesale of furniture, carpets and lighting equipment, wholesale of office furniture, and retail sale via mail order houses or via internet industries.

Financially, Poltergeist Group Limited’s recent performance is concerning. Cash bank on hand has plummeted 96%, falling to just £220. Current assets have also decreased significantly, dropping 85% to £870. Liabilities have increased, with creditors up 43% to £22,000. Equity has suffered a substantial hit, decreasing 120% to -£21,000. Loans from directors have risen 47% to £19,000. It’s worth noting that the company is being supported by interest-free loans from its directors, which are repayable on demand. Despite these challenges, the accounts state that the company is a going concern. The company’s small size helps it stay agile, but the significant losses and dwindling cash reserves suggest it's burning through money. The accounts are unaudited and were prepared under FRS 102 Section 1A, so the figures are self-reported.

Registered in England/Wales under the registration number 13923334, with a registered address at HA4 7AE, London, 2nd Floor College House 17 King Edwards Road, Ruislip.

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