Cpcn Uk Ltd
- Small
- Active
- 7 years
- 2 employees
- Real address
- 2 directors
- 1 owner
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
Cpcn Uk Ltd is a private limited company registered in England/Wales with the registration number 11026257. The company was founded seven years ago on October 23, 2017, and registered at SW18 5JN, England, London, 284b Merton Road. The address is probably real as only two companes registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, two directors, and two employees.
The company's website, while not explicitly detailed in the report, strongly suggests an e-commerce operation. The description of its activities – retail sale via mail order houses or via internet – points to an online business model. It's likely the company sells products directly to consumers through a website or online marketplace, leveraging the convenience and reach of the internet. While no specific website details are provided, the nature of its business indicates a focus on online sales and customer engagement.
Financially, Cpcn Uk Ltd presents a mixed picture. While the company meets the criteria to be classified as small – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees – its recent performance raises some concerns. Cash on hand has plummeted by a staggering 99%, dropping from £1900 to just £12. Creditors have increased significantly, with a 330% rise within the last year, and net current assets are now in the negative. Loans from directors have also increased substantially. On the positive side, trade creditors have decreased, suggesting some improvement in managing short-term debts. The accounts are described as "filleted" and unaudited, which is common for small companies, but it does mean the figures haven't been independently verified.
It's clear the company is facing financial headwinds, with a significant decrease in equity and a growing reliance on director loans. The sharp decline in cash reserves is particularly worrying, and it's possible the company is burning through money faster than it's generating revenue. However, the decrease in creditors suggests some efforts to control costs. The lack of an auditor mentioned is not unusual for a small company, but it does mean the financial data relies solely on the director's reporting.
Registered in England/Wales under the registration number 11026257, with a registered address at SW18 5JN, England, London, 284b Merton Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lazarov Marty Vasilev
- 4 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Lazarov Vladi Vasilev
- 4 years
- 2
-
Resident of United Kingdom
-
Individual
- Lazarov Marty Vasilev
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 6 pages pdf report
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Confirmation statement made on 2024-06-22 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 6 pages pdf report
FAQ about Cpcn Uk Ltd
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