Target Holdings (uk) Ltd

Target Holdings (uk) Ltd, based in Daventry, UK, is a small, active holding company established eighteen years ago. With four employees and £369,559 in assets, it operates from a virtual address shared by twenty-three other companies, raising some questions. The company is led by three directors and has one owner, with a modest Google rating of 3.0 based on just three reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent activity recorded just two months ago.

The company’s website is not available, so it’s difficult to determine the exact nature of its operations beyond its role as a holding company. It appears to be involved in non-specialised wholesale trade industries.

Financially, Target Holdings (uk) Ltd presents a mixed picture. While current assets increased by 13% to £370,000, net assets decreased by 2.7% to -£270,000. Cash bank on hand has fallen by 30% to £1,900, and bank borrowings have increased by 24%. Creditors have also risen slightly, by 2.6%. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decline in equity is concerning. It’s worth noting that the company’s accounts are unaudited, and the list of owners hasn’t been updated in nine years. The director signing the financial statements is Mr. T.F. Collins.

Overall, Target Holdings (uk) Ltd seems to be navigating a challenging financial landscape. While it has a solid asset base, the negative equity and declining cash reserves suggest it may be burning through money. It’s unclear whether the company’s holding structure provides stability or adds complexity to its financial situation.

Registered in England/Wales under the registration number 06130225, with a registered address at NN11 4BL, England, Daventry, Northamptonshire, The Stables, Church Walk.

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