# CANDOWE LTD (15031448)

> CANDOWE LTD is an active private limited company (company number 15031448) incorporated on 26 July 2023, registered in Durham. Its registered activity is agents involved in the sale of fuels, ores, metals and industrial chemicals (SIC 46120). Latest micro accounts cover the period ending 31 March 2026, showing net assets of −£261k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 33% on the prior period (−£196k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2023-07-26
- Registered office: Durham, DH1 1TW
- SIC 46120: Agents involved in the sale of fuels, ores, metals and industrial chemicals
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-08-09
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,192 comparable companies in the UK (median £3,330, upper quartile £90k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | −£261k | — | — | £497k | — | — | 0 |
| 2025-07-31 | −£196k | — | — | £323k | — | — | 0 |
| 2024-07-31 | −£56k | — | — | £113k | — | — | 0 |

current ratio 0.48; net assets trend falling; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-260,537 at 31 March 2026
- Net assets down 25% or more on the prior period: -32.9% vs prior period
- Current assets below creditors within one year: Current ratio 0.48
- Three or more accounting periods on record: 3 periods on record
- Incorporated two to five years ago: Incorporated 26 July 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Klāvs Olšteins — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-07-26

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/15031448
HTML: https://firmoscan.com/company/15031448-candowe-ltd