Balanco Ltd

Balanco Ltd from Woodford Green UK: a small, active company founded two years ago, employs one person, and holds £17,567 in assets. It’s a solo venture led by a single director and owner, Desai Riti Pareshkumar, operating from a real address. The company's core business involves retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets.

Balanco Ltd’s website reveals a much broader scope than its simple description might suggest. It's not just an e-commerce site; it’s a full-service financial consultancy offering a wide range of services from bookkeeping and payroll to CFO services and even AI automation. They cater to various industries, including construction, retail, and healthcare, and even offer international services in Sweden and Norway. The website emphasizes technology, with mentions of Netvisor, Procountor, and Balanco BI, suggesting a focus on modern financial software solutions. They also highlight their “BalancoGPT” AI service, indicating a commitment to innovation. It’s a pretty impressive range of services for a company with just one employee.

Financially, Balanco Ltd appears to be in a stable, though modest, position. While the company’s net assets remain at £3,000, cash bank on hand is a steady £1,500. Trade debtors are at £6,100, and creditors are at £15,000. The company’s small size—meeting two of three criteria for being considered small—helps it remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

It’s clear that Balanco Ltd is more than just a small online retailer. It’s a growing financial consultancy leveraging technology to offer a comprehensive suite of services. The company’s focus on automation and international expansion suggests ambitious plans for the future, though the reliance on a single employee could present a challenge as it continues to grow.

Registered in England/Wales under the registration number 14423631, with a registered address at IG8 8AG, England, Woodford Green, Essex, 36 Ely Place.

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