Deals123 Ltd.

Deals123 Ltd from Salford UK: a small company with an active status, established nine years ago, employs a single person, holds £102,043 in assets, operates from a virtual address, and is led by one director and one owner, running an e-commerce site. 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, Dealberry Limited, is an e-commerce business selling a wide range of products, from baby items to electronics, through its website. It's got a newsletter subscription and a lot of categories, and even offers discounts. The site has a lot of products, including bamboo bath caddies, coffee pod holders, and car dehumidifiers. It’s a pretty standard online retail operation, with a focus on competitive pricing and a wide selection.

Financially, Deals123 Ltd shows a mixed picture. Cash bank on hand increased significantly by 420%, reaching £22,000, which is good news. However, corporation tax payable jumped by 870%, reaching £2,800—a potential concern. Bank borrowings decreased by 12%, settling at £41,000, and creditors also fell by 12%, to £41,000. Current assets increased by 21%, to £100,000, but equity dropped by 130%, to £22,000. It seems like the company is managing its debts reasonably well, but the sharp decline in equity is something to keep an eye on. The company’s small size and lack of employees (just one reported) allows for flexibility, but the decrease in equity suggests it’s burning through money. The accounts are described as “filleted” and unaudited, so the figures rely on director-reported data.

Overall, Deals123 Ltd appears to be a small, active e-commerce business facing some financial pressures. The increase in cash is encouraging, but the decrease in equity and rising tax liability are warning signs. It's a small company, so it’s probably not a huge deal, but it’s something to watch.

Registered in England/Wales under the registration number 09989859, with a registered address at M6 6DE, England, Salford, C/O Whiteside & Davies, 158 Cromwell Road.

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