Bitcoin Lifestyle Ltd

Bitcoin Lifestyle Ltd, a small company based in Camberley, UK, has been active since its founding four years ago. With a single employee and £1,971 in assets, the company generated £28,994 in revenue last year. It’s led by two directors and two owners, and operates from a real address shared by just two other businesses.

The company’s website, Bitcoin Lifestyle, functions as a gateway connecting individuals interested in investing with various investment education firms. It’s a lead generation platform, encouraging visitors to share their details—name, email, and phone number—in exchange for being contacted by a firm specializing in investment education. The site emphasizes ease of learning, even for beginners, and highlights the benefits of connecting with a firm for personalized guidance. It even has a section detailing the risks associated with investing, such as inflation and lack of diversity.

Financially, Bitcoin Lifestyle Ltd shows some concerning trends. While turnover increased significantly, jumping 1,600% to £29,000, net assets plummeted 92% to -£12,000. Cash reserves fell 19% to £2,000, and bank borrowings increased, though the exact figures are not specified. Administrative expenses also spiked dramatically, rising 1,600% to £31,000. Despite a decrease in creditors, the company’s equity position is significantly weakened. The lack of an auditor (likely exempt due to its small size) means these figures are unaudited.

The sharp increase in administrative expenses, coupled with the substantial equity decline, suggests the company may be burning through money. The reliance on lead generation and connecting users to other firms also indicates a business model that may be vulnerable to changes in partner relationships. However, the increased turnover does show some success in attracting users to the platform. It’s a small company, meeting two of three criteria for small business status, and the directors seem to be committed to the business.

Registered in England/Wales under the registration number 12891950, with a registered address at GU16 7AZ, England, Camberley, Unit 2 Cedar Business Park Cedar Lane, Frimley.

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