Commerce Products Fenix Ltd

Commerce Products Fenix Ltd is a small, active company based in London, UK, founded two years ago in June 2022. With £15,402 in assets and a real registered address, it’s a lean operation run by a single director and owner. The company operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company's website, Commerce Fnix Products LTD, showcases a range of products including beauty items, essential goods, and home appliances. It emphasizes quality and convenience, with a vision to be a leading company recognized for its products and services. The site also highlights a commitment to customer service and sustainable practices, with a section dedicated to career opportunities. It’s clear the company is trying to build a brand around trust and reliability, with a “why fnix?” section detailing its emergence during a challenging period. 600 orders shipped, 50 product varieties, and 10 suppliers are listed to further establish credibility.

Financially, Commerce Products Fenix Ltd presents a mixed picture. While current assets have jumped significantly to £15,000, net assets remain negative at -£12,000. Bank borrowings have decreased dramatically, falling to zero after one year, and cash reserves have increased to £1600. However, creditors have also risen substantially, reaching £26,000. Trade debtors have increased, and loans from directors have surged to £24,000. The company’s small size helps it stay nimble, but the negative equity and rising creditors suggest it’s burning through cash. There's no auditor mentioned, so the unaudited figures rely on director-reported data.

In short, Commerce Products Fenix Ltd appears to be a startup still navigating its early stages. While its online presence and product range show promise, the financial data indicates a need for careful management and potentially a focus on improving profitability.

Registered in England/Wales under the registration number 14165443, with a registered address at SE5 0YP, England, London, 49 Laxley Close.

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