Real Progress Ltd

Real Progress Ltd from Caterham UK: a small, active company founded seven years ago, holds £9,930 in assets, operates from a virtual address, and is managed by two directors and two owners, boasting a stellar 5.0 Google rating based on seven reviews. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The address is likely virtual, as twenty-nine companies share the same location.

Real Progress Ltd specializes in retail sales via mail order and internet, operating as an online business. While no website is provided, this suggests a focus on direct-to-consumer sales rather than a traditional storefront. It’s probable the company utilizes platforms like eBay, Etsy, or a standalone e-commerce site to reach customers. Without further information, it's difficult to assess the scale of its operations or the specific products it sells.

Financially, Real Progress Ltd presents a mixed picture. Cash reserves have dwindled significantly, dropping 92% to a mere £44, while creditors remain steady at £12,000. Current assets have also decreased slightly, falling 4.6% to £9,900. Equity, however, has taken a substantial hit, plummeting 57% to -£2,400. Despite these challenges, debtors have remained stable, suggesting effective management of customer payments. The company’s small size allows for agility, but the decline in equity raises concerns about its long-term financial stability. No auditor is mentioned, which is common for small, exempt companies.

The company’s directors, Bielli Mark and Satta Romina, are also the owners, indicating a tightly controlled operation. The lack of published employee numbers suggests a lean team, likely consisting of the directors themselves. While the high Google rating indicates customer satisfaction, the financial data reveals a company potentially burning through cash. It's possible the company is reinvesting heavily in growth, but without more information, it's difficult to determine the underlying cause of the financial trends.

Registered in England/Wales under the registration number 10859573, with a registered address at CR3 6PA, United Kingdom, Caterham, Surrey, 21-23 Croydon Road.

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