Three Four Nine Ltd

Three Four Nine Ltd from Leicester UK is a small, active company founded seven years ago. It’s a solo venture, with one employee and £13,311 in assets, managed by a single director and owner. The company operates in the manufacture of soft drinks, mineral water production, and the wholesale and retail of related beverages, often via online channels.

While the company’s website is currently unavailable, its activities suggest a focus on beverage production and distribution. It’s likely a small-scale operation catering to a niche market or local customer base. The fact that it’s a small company, meeting two of three conditions (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but also presents challenges in scaling.

Financially, Three Four Nine Ltd’s recent report reveals a concerning trend. Current assets have plummeted by a staggering 82%, dropping to just £13,000. This is a significant decrease from the previous year's £74,000. Bank cash has also shrunk by 65%, leaving only £2,600. Trade debtors have fallen dramatically, too, to just £2,000. On the plus side, creditors have remained stable at £380,000. However, the most worrying sign is the substantial increase in net losses, which have ballooned to -£420,000. This indicates the company is burning through cash at an alarming rate. The company’s equity has also declined by 45%, to -£420,000. The company’s director, Mr. Dave Hiten Harish, has provided a loan of £430,000.

The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity. The unaudited figures, while providing a snapshot of the company’s current situation, should be viewed with caution. The significant losses and shrinking cash reserves raise serious questions about the company’s long-term viability. It’s possible the company is facing increased competition, rising costs, or difficulties in attracting customers.

Registered in England/Wales under the registration number 11227198, with a registered address at LE2 5AH, United Kingdom, Leicester, 3 North Street, Oadby.

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