Royce Link Ltd
- Small
- Active
- 4 years
- £814 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Royce Link Ltd is a small, active company based in London, UK, founded four years ago in May 2020. It’s a solo-founded operation with one director and owner, Abbott Thomas, and holds just £814 in assets. The company's registered address is real, with only one other company registered there. Royce Link Ltd operates in the retail sale via mail order houses or via internet, and advertising agencies industries.
The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. Without a functioning website, it's hard to determine the extent of its online sales and marketing efforts.
Financially, Royce Link Ltd is facing significant challenges. Current assets have plummeted by a staggering 92%, dropping from £10,000 to just £810. This sharp decline is mirrored by a dramatic decrease in equity, which has swung from £63 to a substantial loss of -£4,200. Cash reserves have also been decimated, falling 83% to just £810. While creditors have decreased by 38%, the overall picture is one of financial strain. Trade debtors have remained constant, but the substantial losses suggest the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s nimble, but the financial pressures are clear. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, Royce Link Ltd is struggling to maintain its financial footing. The lack of a functioning website and the substantial losses raise concerns about its long-term viability.
Registered in England/Wales under the registration number 12584362, with a registered address at E14 7YX, United Kingdom, London, 34a 34a Thomas Road, Flat 11.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Abbott Thomas
- 4 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Abbott Thomas
- 4 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 12 pages pdf report
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Confirmation statement made on 2024-05-03 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-05-31Download 5 pages pdf report
FAQ about Royce Link Ltd
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