121shoes Ltd

121shoes Ltd, based in Edinburgh, UK, is a small, active company founded five years ago in 2019. With £10,836 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Li Ke. The business operates an e-commerce site, boasting a perfect 5.0 Google rating from 19 reviews. While primarily focused on online retail, it’s described as operating in the retail sale via mail order houses or via internet industries.

The company's website, 121shoes, positions itself as an online retailer of shoes. It's unclear exactly what types of shoes they offer, but the site appears to be functional and geared towards online sales. The branding is simple, and the focus is on providing a convenient shopping experience.

Financially, 121shoes Ltd presents a mixed picture. Cash reserves have fallen by 25% to £5,400, while creditors have increased significantly by 76% to £32,000. Current assets have also decreased by 17% to £9,000. The company’s equity, however, has plummeted by 97%, now standing at -£23,000 – a worrying trend. Trade debtors have remained steady, suggesting consistent payment collection. The lack of employees (zero reported) hints at a lean operation. The accounts are unaudited, and the company is exempt from an audit as a small company.

In short, 121shoes Ltd is facing financial challenges. The significant drop in equity suggests the company is burning through money, and the increase in creditors indicates growing debt. While the Google rating suggests customer satisfaction, the underlying financials raise concerns about the company’s long-term viability. It's a small business, meeting two of three criteria for small company status, but the trend of losses needs to be addressed.

Registered in Scotland under the registration number SC638786, with a registered address at EH19 3HY, United Kingdom, Edinburgh, Midlothian, Ground Floor, Unit 6a/2d Dalhousie Business Park, Carrington Rd.

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