The Fernandes Group Ltd

The Fernandes Group Ltd is a small, active company based in Glasgow, UK, founded two years ago in March 2023. With just one employee and £53,351 in assets, it operates from a virtual address shared by many other companies, which is a bit odd. The company is led by two directors and owned by Fernandes Ridge, who also acts as the solo founder. It’s a tight-knit operation, to say the least.

The company’s primary focus is retail sale via mail order houses or via internet, but a deeper look reveals a more complex picture. The Fernandes Group Ltd owns several other companies: Himmaleh Ltd, Chappie International Ltd, Yak G Ltd, Dog Treats Worldwide Ltd, and Janitor Ltd. This suggests a diverse portfolio of ventures, perhaps spanning different product categories or markets. The website, Building Specialists Fernandez Group Ltd, showcases a different side of the business – a building company offering a broad range of services from carpentry to kitchen installations. It’s a family-run operation serving Southampton and the surrounding area, emphasizing personal recommendations and quality workmanship. They even have a perfect 5.0 Google rating!

Financially, The Fernandes Group Ltd shows a mixed bag. While current assets remain stable at £53,000, net assets also stayed the same. Cash reserves are a modest £900, and trade debtors are at £2,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the lack of significant growth in assets or profits is noticeable. The accounts are unaudited, which is common for small companies. It’s a bit strange that there are no significant changes in the numbers over the last year.

Overall, The Fernandes Group Ltd seems to be holding its own, but it’s clear that the company is still navigating the challenges of a small business with multiple ventures. Whether the diverse portfolio will lead to sustained growth or create management complexities remains to be seen.

Registered in Scotland under the registration number SC763385, with a registered address at G2 4JR, Scotland, Glasgow, 272 Bath Street.

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