Corestock Limited

Corestock Limited is a small, active company based in Birmingham, UK, founded four years ago in 2020. It operates as a solo-founded e-commerce business with a virtual address, a single director, and one owner. The company holds £11,905 in assets and focuses on retail sales via mail order and the internet.

The company’s website, CoreStock Limited, showcases a range of products, including the La Hacienda Table Top Heater, available for £69.99. It accepts a wide variety of payment methods, from American Express to Union Pay, and emphasizes privacy policy and cookie preferences. The site's design is clean and functional, typical of a modern e-commerce platform.

Financially, Corestock Limited presents a mixed picture. While cash bank on hand increased by 20% to £11,000, creditors rose sharply by 35% to £11,000. Current assets also increased by 12% to £12,000, but trade debtors decreased significantly by 54% to £550. Equity plummeted 71% to just £660, indicating a substantial loss of retained earnings. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the decline in equity is concerning. The company's financial statements are unaudited, with no auditor mentioned, which is common for small companies.

The company's reliance on a virtual address, with 402 other companies registered at the same location, also raises questions about its operational infrastructure. While the e-commerce site appears functional, the financial data suggests the company is burning through money, possibly due to increased costs or decreased sales. It’s likely the company is working hard to maintain its online presence and attract customers, but its long-term financial health remains uncertain.

Registered in England/Wales under the registration number 12618761, with a registered address at B30 3JN, United Kingdom, Birmingham, West Midlands, Lifford Hall Lifford Lane, Kings Norton.

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