Armadadeals Limited

Armadadeals Limited, based in London, UK, is a small, active company founded four years ago in June 2020. It’s a solo-founded operation with one director and owner, Zhu Jiong, and holds £904 in assets. The company operates from a virtual address shared by forty-two other businesses, which is something to consider. It's a regular importer of furniture, lighting, and prefabricated buildings, with six months of import activity recorded, the latest in October 2023. The company's website, ArmadaDealsUK, presents itself as an online discount shopping destination, offering a wide range of products from baby goods to electronics.

The website showcases a diverse catalog, emphasizing deals and safe payment options. It features categories like "New Arrivals," "Best Sellers," and "Trending," alongside sections for sports, home goods, and more. The site actively promotes its global support, safe payment methods, and buyer protection. It also highlights its commitment to quality and offers a newsletter for deal updates. It's clear the company is trying to establish itself as a go-to online retailer.

Financially, Armadadeals Limited presents a mixed picture. While cash bank on hand increased by 35% to £900, net assets grew by 41% to £560. However, debtors vanished completely, dropping 100% to zero, which is something to look into. Creditors also decreased by 8.6%, suggesting improved debt management. The company meets two of the three conditions to be considered small, with a turnover under £10.2 million, balance sheet under £5.1 million, and less than 50 employees. The accounts are described as "filleted," meaning they are exempt from a full audit and rely on director-reported data. There is no auditor mentioned.

Overall, Armadadeals Limited seems to be holding its own, but the sudden disappearance of debtors is a point of interest. The company’s focus on online retail and competitive pricing suggests a strategy to attract customers, but the financial data hints at potential challenges—although, it’s worth noting that the company’s small size and solo founder status may contribute to its unique financial profile.

Registered in England/Wales under the registration number 12677893, with a registered address at W8 6BD, England, London, Office 4 219 Kensington High Street.

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