Provision Property Ltd

Provision Property Ltd, based in Norwich, UK, is a small, active company founded nine years ago. With £38,791 in assets and a real address, it’s a solo-founder operation led by a single director and owner, Garvey Adrian Paul. The business operates an e-commerce site, and its activities include retail sale via mail order houses or via internet, and the buying and selling of own real estate.

The company’s website, Provision Property, details its focus on ecommerce. It seems to be a fairly niche operation, with a focus on property investment. The site doesn’s have much detail, but it does show a clear focus on online sales.

Financially, Provision Property Ltd presents a mixed picture. Net assets decreased by 2.4% to -£15,000, indicating a reliance on debt financing. Cash bank on hand dropped 4.7% to £8,800. Creditors increased by 2.2% to £53,000, while debtors remained steady at £30,000. The company’s losses deepened by 180% to -£1,600, suggesting increased operating expenses. Despite this, the company has managed to keep its assets stable. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Provision Property Ltd is a small, e-commerce focused business that appears to be facing some financial challenges. It’s a lean operation, but the company’s losses and declining cash reserves are a concern. Whether it can turn things around will depend on its ability to generate sales and manage its expenses effectively.

Registered in England/Wales under the registration number 09853477, with a registered address at NR6 6DB, United Kingdom, Norwich, 5 Embry Crescent.

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