Src Europe Limited

Src Europe Limited, based in Cambridge, UK, is a small, active company founded twelve years ago in 2012. With a single employee and £22,522 in assets, it's a solo-founder operation led by one director and owner. The company operates in the retail sale via mail order houses or via internet industries. Its real address is shared by just two other companies, suggesting a genuine location.

The company’s website is simple, offering a welcome message only. It’s unclear what specific products or services Src Europe Limited offers beyond this minimal online presence, making it difficult to assess its e-commerce activity. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Src Europe Limited presents a mixed picture. Cash bank on hand has dramatically decreased by 99%, dropping to just £53, which is a big change. Creditors have also plummeted by 95%, reducing to £17,000, which could indicate better debt management. However, net assets have suffered a significant decline, dropping 73% to -£120,000. While bank borrowings have increased slightly, the most concerning trend is the sharp decrease in equity. The company’s reliance on retained earnings and accumulated losses is evident, and the negative equity suggests a challenging financial position. With no auditor mentioned (likely exempt as a small company), the unaudited figures require careful interpretation. It's a worrying situation, but the company's small size allows it to remain agile.

Registered in England/Wales under the registration number 08279106, with a registered address at CB23 6DP, England, Cambridge, 1010 Cambourne Business Park Cambourne.

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