Chic Mall Uk Ltd

Chic Mall Uk Ltd is a small, active company based in London, UK, founded six years ago in 2018. It operates as an e-commerce site, selling ladies’ clothing and accessories, and has a single director and owner – Zhou Wanli. The company holds just £1,246 in assets and uses a virtual address shared by thirty-four other companies. It imports textile products, sets, used clothing, and rags, though its import activity has been irregular, with the last recorded in July 2020.

The company’s website, Chic, showcases a wide range of items, from jumpers and dresses to handbags and jewellery. It emphasizes quality, style, and competitive pricing, with a focus on British craftsmanship and a user-friendly online shopping experience. The site includes a blog with styling tips and product spotlights, reinforcing its position as a fashion destination.

Financially, Chic Mall Uk Ltd presents a mixed picture. Current assets remain consistent at £1,200, but net assets have decreased by 9.5% to -£29,000. Cash bank on hand has increased by 140% to £500, a positive sign, but creditors have risen by 39% to £22,000. Plant and machinery has decreased by 15% to £770. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests it’s burning through cash. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the website appears active and well-stocked, the financials indicate a company struggling to achieve profitability. Whether Chic Mall Uk Ltd can turn its online presence into a sustainable business remains to be seen.

Registered in England/Wales under the registration number 11380267, with a registered address at W1D 5LG, England, London, 29-30, Frith Street 3rd Floor.

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