Capetune Limited

Capetune Limited, based in Erith, UK, is a small, active company founded fifteen years ago in 2009. With £2,893 in assets and a real address at 18 Holly Hill Road, it operates as a retail business, primarily selling telecommunications equipment via mail order and online. The company employs two directors and is owned by Ugwu Franklin. It runs an e-commerce site and regularly imports electrical machinery and equipment, with four months of import activity recorded as of November 2023.

The website, Capetune Online Shop, showcases a range of GSM, desk phones, CCTV products, and gadgets. It emphasizes secure payment options, fast delivery, and a focus on customer service. The site also highlights a range of brands and offers a newsletter subscription for updates. The site’s layout suggests a focus on B2B sales, catering to businesses like hotels, hospitals, and taxi companies, alongside individual consumers.

Financially, Capetune Limited shows a mixed picture. Cash bank on hand increased by 38% to £2,900, while creditors rose by 58% to £1,500. Equity also increased by 23% to £1,400, but final dividends paid increased by 20% to £6,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited. The company’s revenue recognition policy states turnover is measured at the fair value of the consideration received.

Overall, Capetune Limited appears to be a small, growing business, but the increase in creditors and dividends paid suggests it may be burning through cash. The company's focus on B2B sales and its online presence position it well in the telecommunications market, but it will need to manage its finances carefully to sustain its growth.

Registered in England/Wales under the registration number 07013214, with a registered address at DA8 1QD, England, Erith, 18 Holly Hill Road.

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