The Armadillo Custom Embroidery Company Limited

The Armadillo Custom Embroidery Company Limited, based in Portsmouth, UK, is a small, active business established eleven years ago. With three employees and £83,120 in assets, it’s a solo-founded venture led by two directors and a single owner, Carson Dominic Gregory James. The company operates an e-commerce site and enjoys a perfect 5.0 Google rating from eight reviews, showcasing a commitment to customer satisfaction.

Primarily focused on retail sale via mail order houses or via internet, The Armadillo Custom Embroidery Company Limited offers a range of embroidery services. While the website is not available to analyze, the business model suggests a focus on personalized products and online sales. The company’s presence in the Portsmouth Enterprise Centre indicates a focus on small business operations.

Financially, The Armadillo Custom Embroidery Company Limited presents a mixed picture. While current assets increased by 18% to £83,000, equity plummeted 140% to -£9,600, a significant decline. Bank borrowings increased by 88%, reaching £120,000, and creditors also rose considerably. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp equity drop is concerning. Cash bank on hand decreased by 2.8% to £47,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's net current assets liabilities are also down significantly, a worrying sign. It seems like the company is burning through money, though it’s possible this is a temporary setback. The company’s future success hinges on its ability to manage its finances and maintain its strong customer reviews.

Registered in England/Wales under the registration number 08519547, with a registered address at PO3 5QT, United Kingdom, Portsmouth, Hants, Unit 8 Portsmouth Enterprise Centre, Quartremaine Road.

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