Decentra Project Ltd

Decentra Project Ltd is a small, active company based in London, UK, founded just one year ago. With a single employee and £33,870 in assets, it’s a family business led by one director and two owners. The company operates from a virtual address – one of 5,178 registered at the same location – and is engaged in the wholesale of clothing and footwear, retail sales via mail order and internet, and advertising agencies.

The company’s website, Decentraland, is a vibrant digital marketplace focused on virtual assets and experiences within the Decentraland metaverse. It offers a range of services, including the sale of virtual land, wearables (digital clothing and accessories), emotes (animated expressions), and opportunities for users to create and publish their own content. The site promotes a decentralized governance model, encouraging community participation in the platform’s development and direction. It’s clear that Decentra Project Ltd is deeply involved in the Web3 space, leveraging blockchain technology to create a user-owned and operated virtual world.

Financially, Decentra Project Ltd presents a mixed picture. While the company’s net assets remain relatively stable at £1,700, cash reserves have held steady at £28,000. However, creditors have remained consistent at £30,000, and trade debtors are at £6,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the consistent creditors suggest a need to manage cash flow. The absence of an auditor is typical for a small, exempt company, relying on unaudited statements. The company's bank account has remained steady at £28,000 for the past year.

Registered in England/Wales under the registration number 15053777, with a registered address at EC2A 4NE, England, London, 86-90 Paul Street.

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