Blue Ocean Ecom Limited

Blue Ocean Ecom Limited, based in Ormskirk, UK, is a small, active e-commerce company founded three years ago. With a single employee and £159,209 in assets, it operates from a real address and is led by two directors, one of whom is the solo founder, Davies Andrew Graham. The company’s website focuses on selling life-improving items, with categories including designer lights, massage therapy products, and wall art.

The website showcases a range of products, from Nordic lamps and foot massagers to abstract wall art. It emphasizes affordability and convenience, offering free shipping and returns. The company also highlights its commitment to quality, with a blog featuring tips and advice on home improvement and wellness. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Blue Ocean Ecom Limited shows some interesting trends. Cash bank on hand has increased by a significant 85% to £140,000, which is good news. However, corporation tax payable has skyrocketed by 10,000% to £16,000—a substantial increase that may indicate growing profits or a change in tax regulations. Creditors have also risen by 62% to £150,000, and other taxation and social security payable has increased to £32,000. Despite this, net current assets liabilities have improved to £13,000. The company’s retained earnings have increased dramatically, from £650 to £12,000. The company is likely exempt from an audit, so the financial statements are unaudited.

It seems like the company is growing, but the significant increase in tax payable suggests it’s also facing increased financial obligations. The rise in creditors could indicate the company is investing in inventory or expanding its operations—but it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 13498557, with a registered address at L39 7HG, England, Ormskirk, Hilfoot Formby Lane, Aughton.

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