The Retro Group Ltd

The Retro Group Ltd, based in Stroud, UK, is a small, active company founded five years ago in 2019. With £129 in assets and a real address, it operates with two directors and two owners. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation recorded over two years ago in December 2022.

The Retro Group Ltd's website, The Retro Coffee Company, reveals a focus on event hospitality. Proprietor Jason Bown brings years of experience, offering high-quality organic coffee, teas, and snacks. The company has catered to prestigious venues like Lords Cricket Ground and Blenheim Palace Horse Trials, even providing services for the Royal Wedding between Prince Harry and Meghan Markle. Staff are described as fully trained and highly experienced, with a focus on customer service. The site is built using Wix.com, suggesting a relatively simple online presence.

Financially, The Retro Group Ltd presents a concerning picture. Current assets have plummeted by 63% to just £15,000, while net assets have fallen a staggering 150% to -£17,000. Bank borrowings have vanished entirely, but cash reserves have halved to £13,000. Creditors have ballooned by 99%, indicating a reliance on trade credit. The company’s size—meeting two of three criteria for a small company—allows for flexibility, but the dramatic decline in equity and the negative net assets are worrying. As a small company, it is exempt from an audit, so these figures are unaudited.

While the coffee and hospitality side seems to operate with a strong reputation, the financial data suggests the company is burning through money. It's possible the company is struggling to convert its high-profile catering work into sustainable profits, or perhaps it’s facing unexpected expenses. A deeper look at the company's cash flow would be needed to understand the full extent of the situation.

Registered in England/Wales under the registration number 12211724, with a registered address at GL6 8NS, United Kingdom, Stroud, Select, 2nd Floor Belvedere Mill, Chalford.

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