Asia2home Ltd

Asia2home Ltd is a small, active company based in Manchester, UK, founded four years ago in June 2020. It’s a private limited company with a virtual address, holding just £1,211 in assets. The company is run by two directors and has one owner, Rattanasirimontre Supakit, and operates an e-commerce site. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s focus is retail sale via mail order houses or via internet. Its website, Asia2home, offers a range of products, though the exact nature of these goods isn’t immediately apparent. The site appears to be fully functional, with product listings and a shopping cart. While it’s an e-commerce site, there’s no detailed information about its marketing strategy or customer base.

Financially, Asia2home Ltd presents a concerning picture. Current assets have fallen by a significant 46%, dropping to just £1,200. Net assets and net current assets are both in the negative, at -£5,700. Cash bank on hand has also decreased substantially, down 49% to £1,100. Creditors have decreased slightly, but the overall trend points to financial strain. Trade debtors remain stable, but the sharp decline in equity suggests the company is burning through cash. The accounts are described as "filleted," meaning they are unaudited and rely on director-reported data. No auditor is mentioned, which is typical for small companies.

The company’s reliance on a virtual address, with 540 other companies registered at the same location, is also a point of interest. While not necessarily indicative of wrongdoing, it does raise questions about the company’s physical presence and operational infrastructure. The owner, Rattanasirimontre Supakit, seems to be heavily involved, also serving as a director. The company’s small size and lean structure could allow for agility, but the negative equity and declining cash reserves suggest it faces significant financial challenges.

Registered in England/Wales under the registration number 12678695, with a registered address at M1 2JQ, England, Manchester, 83 Ducie Street.

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