Roar Consult Ltd

Roar Consult Ltd, based in Nelson, UK, is a small, active company founded five years ago. With four employees and £60,328 in assets, it operates from a virtual address—shared by eighty other companies—and is led by a single director and owner, Cook Melanie. The company is an irregular importer, primarily dealing in essential oils and perfumes, with the last import activity recorded just one month ago. It operates in the non-specialised wholesale trade industries.

The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import activity. It’s unclear if Roar Consult Ltd has an e-commerce presence or if it primarily functions as a wholesale supplier.

Financially, Roar Consult Ltd presents a mixed picture. While current assets remain relatively stable at £60,000, there are concerning trends. Net assets have fallen significantly, dropping 52% to just £29, and cash reserves have vanished completely. Bank borrowings have increased dramatically, surging 120% to £19,000. Trade debtors have also seen a sharp decline, falling 89% to just £3,200, which could indicate difficulties collecting payments. On a positive note, creditors have decreased slightly, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor, likely due to its small size, means the figures are unaudited.

The significant drop in equity and the complete depletion of cash reserves are cause for concern, suggesting Roar Consult Ltd is burning through money. The decrease in trade debtors could be a sign of payment issues, or it could reflect a shift in business practices. While the company's small size allows for agility, the financial pressures warrant close monitoring.

Registered in England/Wales under the registration number 12134152, with a registered address at BB9 9XY, United Kingdom, Nelson, Lancashire, Charter House, Stansfield Street.

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