Three Bowness Ltd

Three Bowness Ltd from Manchester UK: a small holding company with an active status, was founded seven years ago. Confirmation is overdue by two months, and the company employs just one person. Assets stand at £36,968, and it operates from a real address with one director and one owner. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with the last import occurring one month ago.

The company operates in the non-specialised wholesale trade industries. It’s classified as a small company, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Vall Labh Investment Company Ltd owns Three Bowness Ltd, and Kotecha Deepak is the director. The company’s registered address is M26 2RN, England, Manchester, St Ann's House North Street, Radcliffe.

Financially, Three Bowness Ltd shows some concerning trends. Cash bank on hand has fallen by 39% to £36,000, and current assets have also dropped by 38% to £37,000. Equity, however, has increased by 19% to £32,000. Creditors have significantly decreased by 86%, suggesting improved debt management, and other creditors have plummeted by 93%. The company’s single employee and lack of auditors (likely exempt as a small company) contribute to a lean operation, but the decrease in cash reserves and the rise in bank borrowings warrants attention. It seems the company is managing its debts well, but it's burning through its cash reserves.

Registered in England/Wales under the registration number 11234899, with a registered address at LS29 9DU, Ilkley, West Yorkshire, C/O Consella Limited Dalton House, 1 Hawksworth Street.

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