Ztos Business Care Ltd

Ztos Business Care Ltd from Leytonstone UK: small company, active status, founded 12 years ago, £61,077 assets, real address, 1 director, 1 owner. The business operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website, Ztos Business Care, appears to be an e-commerce operation, although details are scarce. It seems to focus on retail sales, likely through online channels, given the description of its activities. There's no clear indication of a physical store presence. The site’s functionality and product range are not immediately apparent without further investigation.

Financially, Ztos Business Care Ltd presents a mixed picture. Current assets have fallen by 21%, dropping to £61,000, while net assets have decreased by 13%, settling at -£53,000. Bank borrowings have seen a slight decrease of 18%, reaching £35,000, and cash reserves have also fallen by 14%, sitting at £19,000. Interestingly, trade debtors have experienced a significant 30% reduction, suggesting improved collection of payments. However, other creditors have increased by 67%, which could be due to increased supplier credit. The company's small size helps it stay agile, but the decline in equity is concerning. There's no mention of an auditor, which is common for small companies.

Overall, Ztos Business Care Ltd seems to be navigating a period of financial adjustment. The decrease in assets and the negative equity suggest that the company is burning through cash, although the decrease in debtors is a positive sign. Whether this is a temporary setback or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 08232738, with a registered address at E11 3HS, England, Leytonstone, London, 272 High Road.

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