Retour Uk Limited

Retour UK Limited, based in London, is a small, active company founded four years ago. With twelve employees and £161,998 in assets, it operates from a virtual address and is led by a solo founder and single director. The company’s e-commerce site enjoys a stellar 5.0 Google rating from 109 reviews, and it's a regular importer of machinery, boilers, and mechanical appliances, with recent import activity recorded three months ago.

The website showcases Retour UK as an oriental grocery specialist, offering a wide range of products from fresh seafood and produce to snacks, sweets, and drinks. It emphasizes free UK delivery on orders over £40 and offers local delivery within 3.5 miles of Cambridge. The site’s layout and product categories suggest a focus on catering to the Asian community, with an extensive selection of Korean, Japanese, and Chinese ingredients and snacks.

Financially, Retour UK Limited’s recent performance presents a mixed picture. Current assets have declined significantly, dropping 41% to £160,000, while net assets have taken a dramatic hit, plummeting 420% to -£180,000. Cash bank on hand has also decreased by 27%, falling to £16,000. Debtor levels have fallen by 48%, and creditors have increased by 32%, indicating a potential strain on working capital. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. The number of employees has increased slightly, rising 8.3% to thirteen. The absence of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The significant decline in net assets raises concerns about the company’s long-term financial health. While the e-commerce site appears to be performing well, the underlying financials suggest Retour UK Limited is burning through money. The increase in creditors, coupled with the decrease in cash reserves, indicates a need for careful financial management to ensure the company’s sustainability.

Registered in England/Wales under the registration number 12595440, with a registered address at EC2A 2EA, United Kingdom, London, England And Wales, 1st Floor, 44 Worship Street.

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