D-circle Ltd

D-circle Ltd from Bolton UK: a small, active company founded four years ago in July 2020, operates from a real address and is led by one director and two owners. It’s a solo founder’s venture, and the company’s status is currently active. The business focuses on retail sales via mail order houses or via the internet.

The company's website, while not providing extensive details, highlights its e-commerce focus. It appears to be a straightforward online retail operation, selling products directly to consumers through its website. There’s no indication of a physical store or extensive brick-and-mortar presence. The focus seems squarely on online sales and distribution.

Financially, D-circle Ltd’s numbers paint a concerning picture. The company’s net assets have decreased significantly, falling from -£740 to -£300. Cash reserves have vanished entirely, dropping from £220 to zero—a complete depletion. Creditors have also decreased, although not as dramatically, from £1400 to £200. Trade debtors have also dropped to zero. While the company meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in cash and assets suggests it’s struggling to maintain its financial health. There’s no mention of an auditor, which is typical for small, exempt companies. The company’s retained earnings and accumulated losses are also in the negative.

The company's financial situation seems to be burning through money. The sudden drop in cash and the negative equity suggest that the business may be facing challenges in generating sufficient revenue to cover its expenses. The decrease in debtors could indicate a change in credit terms or difficulties collecting payments. It’s possible that the company is reinvesting heavily in its online platform or marketing efforts, but the lack of positive cash flow is a cause for concern.

Registered in England/Wales under the registration number 12773716, with a registered address at BL1 3AS, England, Bolton, Unit N/1/10, Nortex Business Centre, 105 Chorley Old Road.

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