Cosmicmart Ltd

  • Small
  • Active
  • 3 years
  • 1 employee
  • £8,411 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Solo founder

Field of Operation

Retail sale via mail order houses or via Internet
47910 204062 companies

Website

Summary

Cosmicmart Ltd from Reading UK is a small, active company founded three years ago. It employs just one person and holds £8,411 in assets, operating from a real address. With a single director and owner – a solo founder – the company is navigating the retail landscape. 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 employees less than 50.

The company’s website, CosmicMart, focuses on selling downloadable digital art prints for modern spaces. It offers high-resolution downloads in three aspect ratios and three standard sizes, targeting customers looking for affordable and instant art. The site highlights the work of independent designers and emphasizes unique, non-corporate art—a clear attempt to differentiate itself from generic offerings. Customer testimonials praise the print quality and affordability, and the site even includes a blog section, suggesting a focus on building a community around its products. It’s a pretty standard ecommerce setup, really.

Financially, Cosmicmart Ltd’s picture is a bit mixed. Current assets have seen a massive jump, increasing by 8,300% to £8,400, which is a good sign. However, net assets remain negative at -£4,800, and bank borrowings have risen significantly by 170% to £13,000. Cash on hand, however, is a respectable £8,300. Trade debtors remain steady, and creditors have also increased, which is not ideal. The company’s small size allows for flexibility, but the negative equity suggests it’s burning through cash. No auditor is mentioned, which is typical for a company of this size, so the figures are unaudited.

It seems like Cosmicmart Ltd is in a growth phase, investing in its platform and marketing. Whether this investment will translate into sustainable profitability remains to be seen, but for now, it’s a small company with a big ambition in the digital art space.

Registered in England/Wales under the registration number 13437797, with a registered address at RG30 6UL, England, Reading, 14 Kinson Road, Tilehurst.

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

Owners & PSC

  • Farooq Umar
  • 3 years
  • 5
  • 25%+

Managers

  • Farooq Umar
  • 3 years
Owner

Last reports

Download the last financial report
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Last news

  1. Total exemption full accounts made up to 2024-06-30
  2. Cessation of Shahid Hussain as a person with significant control on 2024-01-11
  3. Termination of appointment of Shahid Hussain as a director on 2024-01-10

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