Capacitum Ltd

Capacitum Ltd is a small, active company based in London, UK, founded three years ago in December 2021. With just four employees and £144,145 in assets, it operates from a virtual address shared by over 28,000 other companies – a red flag. The company is run by two directors, but there are no registered owners, which is unusual. Capacitum Ltd describes itself as an irregular importer, primarily dealing in jewelry, precious stones, and metals, with just one month of import activity recorded as of September 01, 2022. It also provides other business support services.

The company’s website highlights a range of services aimed at ecommerce merchants, including affordable shipping solutions, a global tracking widget, opportunities to sell in new markets, local return services, localized payment solutions, and a platform for product management. It’s clearly focused on facilitating cross-border trade, with a strong emphasis on technology and community building. The site also mentions “Orders Without Borders” and “Merchan.io,” suggesting partnerships or integrated services.

Financially, Capacitum Ltd presents a mixed picture. While its current assets have doubled to £140,000, net assets have shrunk to £520, and bank cash has decreased to £270. Creditors have surged by 170%, reaching £140,000, and trade debtors have also ballooned to £140,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the dramatic increase in liabilities and decrease in cash reserves raise concerns. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The sharp rise in debt, coupled with the decrease in cash, suggests Capacitum Ltd may be burning through money faster than it’s bringing it in. While its ecommerce-focused services show promise, the company needs to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 13813057, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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