Cls Solutions Limited
- Small
- Active
- 4 years
- £27,273 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Cls Solutions Limited, based in London, UK, is a small, active company founded four years ago in 2020. It holds £27,273 in assets and operates from a virtual address shared by many other companies – a bit odd, really. Run by a single director and owner, it’s a solo founder’s project.
The company’s website reveals a focus on helping businesses recover value from excess inventory and returned stock through secondary sales channels across Europe. They specialize in clearance, liquidation, and surplus stock solutions, operating across the UK and mainland Europe. It’s an e-commerce service, really, helping other companies move unwanted goods. They're quite clear about their mission, too, striving to be a trusted partner and deliver long-term value.
Financially, Cls Solutions Limited presents a mixed picture. Current assets have increased significantly, jumping 200% to £27,000, which is good. However, net assets remain negative at -£13,000, indicating the company is burning through cash. Cash bank on hand has increased by 180% to £6,400, which is a positive sign, but creditors have also increased substantially by 68%, reaching £42,000. Trade debtors have decreased by 40%, which could be a good thing, suggesting quicker payments. The company is small, meeting two of the three criteria to be classified as such, and no auditor is mentioned, meaning the accounts are unaudited.
It seems like Cls Solutions Limited is in a growth phase, but it’s also carrying a significant amount of debt. Whether this is a sustainable model or a temporary situation remains to be seen, but the company's focus on a specialized service—helping businesses liquidate excess stock—could be a key to its long-term success.
Registered in England/Wales under the registration number 12653460, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Galicki Bartosz Szymon
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Galicki Bartosz Szymon
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
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Total exemption full accounts made up to 2024-08-31Download 5 pages pdf report
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Confirmation statement made on 2024-06-07 with updatesDownload 5 pages pdf report
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Total exemption full accounts made up to 2023-08-31Download 5 pages pdf report
FAQ about Cls Solutions Limited
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