Reclaim Centre Ltd

Reclaim Centre Ltd from Kington UK is a small, active company founded three years ago. With a single employee and £66,524 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company’s focus is on financial recovery services, specifically assisting individuals and businesses who have lost funds due to scams, misselling, and other financial setbacks.

The company’s website details a range of services, including crypto recovery, financial recovery, and assistance with misselling claims. It’s clearly an e-commerce operation, with a professional-looking site showcasing expertise in recovering lost funds. The site emphasizes a commitment to ethical solutions and full support for clients navigating complex financial situations. It also includes a comprehensive FAQ section addressing common questions about the recovery process and the company's services.

Financially, Reclaim Centre Ltd’s recent accounts reveal a mixed picture. While cash bank on hand increased by a significant 120% to £8,800, net assets still sit at a negative £31,000, a 58% decrease from the previous year. Creditors decreased by 25% to £99,000, which is a positive sign of improved debt management. However, other taxation and social security payable jumped by a substantial 280% to £21,000, which could indicate increased tax liabilities. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the negative equity and rising tax obligations are concerning. No auditor is mentioned, which is typical for companies exempt from an audit.

The decline in equity and increase in tax liabilities suggest Reclaim Centre Ltd is burning through cash faster than it’s bringing it in. It’s possible this is a consequence of rapid growth and investment in marketing and client acquisition, or perhaps it reflects the challenges inherent in the financial recovery sector. The company’s reliance on a single employee also highlights its lean operational structure, which could be both an advantage and a vulnerability.

Registered in England/Wales under the registration number 13397811, with a registered address at HR5 3DJ, England, Kington, 61 Bridge Street.

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