Collota Ltd

Collota Ltd is a small, active company based in Oxted, UK, founded two years ago in November 2022. It employs just one person and is led by a solo founder who also serves as director and owner. The company’s registered address is a shared office space, which is probably real as five companies are registered there. It operates in the retail sale via mail order houses or via internet industries.

The company’s website is minimal, offering little insight into its operations beyond its name and contact information. It appears to be a straightforward e-commerce venture, likely selling products online. There’s no obvious indication of a physical storefront or extensive marketing efforts.

Financially, Collota Ltd presents a mixed picture. Net assets are negative at -£2,300, indicating the company owes more than it owns. Cash reserves are a modest £510, and bank borrowings are not reported. Creditors have remained steady at £2,800, and accrued liabilities are also unchanged at £1,200. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the financial statements are unaudited. It's worth noting that the company has elected not to deliver a profit and loss account, which is permitted for small companies.

The lack of cash and negative equity suggest Collota Ltd is burning through money. It's possible the company is reinvesting profits back into the business to fuel growth, but the figures indicate a need for careful financial management. The absence of employees and the solo founder structure mean the company relies heavily on the director’s skills and dedication. The company’s choice of a shared office address, while cost-effective, may also limit its ability to scale operations quickly.

Registered in England/Wales under the registration number 14510032, with a registered address at RH8 0PG, England, Oxted, Smart Accounting & Tax Solutions Llp, 74a Station Road East.

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