Chicshine Ltd

Chicshine Ltd is a small, active company based in London, UK, founded just one year ago in July 2023. With a single employee and £419,746 in assets, it’s a solo founder operation managed by two directors. The company operates in the retail sale via mail order houses or via internet industries, and is an irregular exporter of jewelry, precious stones, and metals, with one month of export activity recorded as of January 2025. It has a real registered address, but it's probably virtual as 47428 companies share the same address.

The company's website, chicshine.co.uk, currently displays an error message, indicating technical difficulties. This suggests a lack of investment in online presence, or perhaps a temporary issue. It’s unclear if the website is actively used for e-commerce, or if the business primarily relies on other channels.

Financially, Chicshine Ltd shows a concerning picture. While current assets are reported at £420,000, net assets are a negative £12,000, meaning the company owes more than it owns. Cash reserves are a modest £46,000, and creditors are a significant £430,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity is a red flag. The lack of employees (just one reported) suggests a very lean operation, and the unaudited figures rely on director-reported data. The company is audited exempt with accountants report.

While the company is still young, the financial data suggests it's burning through money. The negative equity and high creditors indicate a potential cash flow problem, and the lack of a functioning website further limits its growth potential. The directors list was changed four months ago, which is a good sign, but the overall financial health is a cause for concern.

Registered in England/Wales under the registration number 15018294, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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