Cinposoft Software Services Ltd

Cinposoft Software Services Ltd, based in London, UK, is a small, active company founded five years ago in 2020. With a single employee and £6,499 in assets, it operates from a real address shared by five other companies. Run by one director and owner, the business engages in retail sales via mail order and internet, alongside information technology consultancy activities.

The company’s website, while minimal, highlights its focus on software solutions and IT services. It’s unclear if it’s a full-fledged e-commerce platform or primarily a lead generation site, but the focus seems to be on providing IT expertise rather than direct product sales. The website’s simplicity suggests a lean operation, potentially serving a niche market or focusing on business-to-business (B2B) clients.

Financially, Cinposoft Software Services Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 67%, dropping from £5,900 to £1,900. Creditors have risen dramatically, increasing by 420% to £1,500, while current assets have also declined by 34% to £6,500. Equity has suffered a large drop of 58%, falling to £3,400. Despite these challenges, trade debtors have increased by 13%, suggesting improved collection efforts. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity and cash reserves warrants closer attention. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Cinposoft Software Services Ltd appears to be navigating a period of financial adjustment. While its core services remain intact, the company will need to carefully manage its liabilities and explore avenues for revenue growth to ensure long-term sustainability.

Registered in England/Wales under the registration number 12498948, with a registered address at N15 5EA, England, London, Dirench & Co, 151 West Green Road.

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