Blockmag Ltd

Blockmag Ltd is a small, active company based in London, UK, founded three years ago in July 2021. The company, a solo founder operation with one director and two employees, holds just £1,451 in assets and utilizes a virtual address – 495 other companies share the same location. It operates an e-commerce site and is involved in both retail sales via mail order and freight transport by road.

The company’s website, blockmag, offers a platform for creating free online shops. It positions itself as a simple starting point for businesses looking to test the waters of e-commerce, highlighting its ease of use and free plan. The site lists numerous countries and regions where businesses can create shops, from China and India to Australia and Brazil, suggesting a global reach. It's a pretty good looking site, really.

Financially, Blockmag Ltd’s numbers are a bit of a mixed bag. While cash bank on hand increased to £1,500, net assets actually dropped to £650. Creditors rose to £700, and the company owes £500 to its director. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the decline in equity is something to keep an eye on. The company’s accounts are unaudited, which is common for small companies, and there's no auditor mentioned. The director, Constantin Adrian, seems to be wearing many hats, and it’s clear the company is still in its early stages, burning through money a little bit.

Registered in England/Wales under the registration number 13492209, with a registered address at W1B 4HB, England, London, 4th Floor 205 Regent Street.

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