Thrive Enterprises Ltd

Thrive Enterprises Ltd is a small, active company registered in Billingham, UK, founded nine years ago in 2016. With just one employee and £52,006 in assets, it operates from a virtual address shared by 731 other companies – a bit odd, really. The company is run by one director and two owners, and it’s a regular importer of miscellaneous manufactured goods, with its last import operation dating back to August 1, 2017.

The company's website, Thrive Cafe Cambridge, paints a different picture entirely. It’s a vibrant plant-based cafe, bistro, and venue, serving coffee and food, and hosting events like art exhibitions and workshops. They emphasize a welcoming environment and ethical sourcing, and it's clearly a community hub. The cafe operates under the name Thrive Cafe Cambridge Ltd.

Financially, Thrive Enterprises Ltd’s recent report reveals a mixed bag. While current assets have skyrocketed by a whopping 1000% to £52,000, net assets have dramatically reversed course, plummeting 150% to £15,000. Bank borrowings have also increased significantly, reaching £29,000, and cash reserves have shrunk by 30% to £10,000. Trade debtors have also risen sharply, suggesting a potential cash flow issue. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity raises concerns about its long-term financial health. No auditor is mentioned, so the figures are unaudited.

Overall, Thrive Enterprises Ltd seems to be burning through money, despite the cafe’s apparent success. The financial report suggests a startup struggling to find its footing, while the cafe thrives on community and ethical practices.

Registered in England/Wales under the registration number 10008022, with a registered address at TS23 4EA, England, Billingham, C/O Ocg Accountants Ltd Biz Hub Tees Valley, Belasis Hall Technology Park.

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