Brand Cart Limited

Brand Cart Limited is a small, active company based in London, UK, founded five years ago in January 013, 2020. It holds £7,813 in assets and operates from a virtual address shared by over 100 other companies. The company is run by one director and one owner, Aruoma Chima.

Brand Cart Limited’s primary focus is retail, specifically the sale of games and toys in specialised stores, medical and orthopaedic goods (excluding hearing aids), and tobacco products. It also engages in retail via mail order and internet sales. The company's website details these activities, suggesting an e-commerce presence, although specific details about its online store are unavailable.

Financially, Brand Cart Limited presents a mixed picture. While bank overdrafts increased slightly by 4.6% to £16,000, cash reserves saw a significant jump of 220% to £1,200. Creditors decreased dramatically by 88%, a positive sign, but equity plummeted 92% to -£2,100, and other creditors experienced a staggering 310% decrease to -£20,000. Other taxation and social security payable rose by 87% to £7,400. The company meets two of three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are described as "filleted" and unaudited, with production using VT Final Accounts software.

The substantial decline in equity and the large decrease in other creditors, while potentially reflecting improved debt management, also suggest that the company may be burning through cash reserves. The lack of employees reported (zero) indicates a lean operation, likely managed directly by the owner. The company’s financial statements, while not audited, provide a snapshot of a small business navigating challenges and potentially reliant on the owner’s efforts to maintain stability.

Registered in England/Wales under the registration number 12400491, with a registered address at EC1V 9BD, England, London, 130 Old Street.

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