Ada Commerce Ltd

Ada Commerce Ltd is a small, active company based in London, UK, founded just one year ago in July 2023. It operates with a single employee and holds £451 in assets, though the registered address is likely virtual, shared by 47,568 other companies. The company is led by two directors and has one owner, Okeke Nnadozie, who also serves as a director. It’s a solo founder operation.

The company’s website reveals a different story: Ada Commerce Development Co., Ltd., based in Guangdong, China, specializes in auto parts and related components. It sells electric system parts, EFI systems, sensors, fuel injectors, and solenoid valves, primarily through online marketplaces. The company has been operating for five years and boasts a wide range of products, catering to various automotive brands. It seems to be a B2B operation, sourcing and selling auto parts to a global customer base. The website highlights original and wholesale parts, with a focus on quality and competitive pricing.

Financially, Ada Commerce Ltd presents a picture of a very small operation. Current assets are a modest £451, and net assets are £740. Cash reserves are a mere £350. While creditors are relatively stable at £150, trade debtors have increased, suggesting potential challenges with customer payments. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the limited financial resources are apparent. With no auditor mentioned (likely exempt as a small company), the unaudited figures offer a snapshot of a company in its early stages.

It’s clear that the UK-registered entity, Ada Commerce Ltd, likely serves as a sales and distribution hub for the larger Chinese operation, Ada Commerce Development Co., Ltd. The limited financial data suggests a lean, potentially bootstrapping model, relying on the Chinese company for sourcing and manufacturing. Whether this arrangement is sustainable long-term remains to be seen, but for now, Ada Commerce Ltd is navigating the complexities of international trade with a small team and limited resources.

Registered in England/Wales under the registration number 15036357, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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