Buying Zone Ltd

Buying Zone Ltd from Newcastle Upon Tyne UK is a small, active company founded two years ago. It’s a solo-founded e-commerce site with one employee and £269 in assets. The company has a real address, one director, and one owner. 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, and employees less than 50.

Buying Zone Ltd operates in the retail sale via mail order houses or via internet industries. The company’s website, while not detailed, suggests a focus on online retail. It’s difficult to say exactly what they sell, but it's clearly an e-commerce venture.

Financially, Buying Zone Ltd is facing some challenges. While it's a small company, its equity is significantly negative at -£2700. Current assets are also low at just £270, and net assets are in the negative. Bank borrowings are at £3000. The company has taken an exemption from publishing its own profit and loss account, and accounts are abridged. The lack of employees (just one reported) suggests a lean operation, but the negative equity raises concerns. There's no auditor mentioned, which is common for small, exempt companies. It’s a bit worrying that the company is burning through cash, but it’s also important to remember that it's only been around for two years.

Registered in England/Wales under the registration number 14276483, with a registered address at NE4 9SA, England, Newcastle Upon Tyne, 381 Two Ball Lonnen.

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