Delli Limited

Delli Ltd from London UK: small company, active status, founded 4 years ago, 19 employees, real address, 5 directors, 1 owner, 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, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries.

Delli Ltd is a vibrant online retailer specializing in curated food and drink boxes, offering a unique selection of artisanal products. Its website showcases a wide range of categories, from pantry essentials and condiments to snacks, alcohol, and even cookbooks. The site is well-designed, with a clean aesthetic and easy navigation, highlighting exclusive brands and seasonal offerings. It’s clear that Delli Ltd is focused on providing a premium shopping experience, with a strong emphasis on discovery and quality. The site also features a "Meet the Makers" section, showcasing the stories behind the brands it carries, fostering a sense of community and connection.

Financially, Delli Ltd presents a mixed picture. Accumulated depreciation on computer equipment, furniture, and office equipment has risen significantly, suggesting investment in infrastructure. However, cash bank holdings have plummeted by a substantial 60%, falling from £5.1 million to £2 million. This decrease, coupled with a 41% drop in equity, indicates a potential cash burn. While creditors have also decreased, the substantial reduction in cash reserves raises concerns about liquidity. The company’s average number of employees has also fallen, from 19 to 17. Loan commitments have decreased, which is a positive sign, and the company’s net assets have fallen to £2.1 million. The fact that there is no auditor mentioned is not surprising, given its small size.

Overall, Delli Ltd appears to be a growing e-commerce business facing challenges in managing its cash flow. While its curated selection and strong online presence are attractive, the significant reduction in cash reserves warrants close monitoring. The company’s focus on premium products and its commitment to supporting small-batch producers suggest a sustainable business model, but effective financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 13063011, with a registered address at EC2V 6DN, England, London, 9th Floor 107 Cheapside.

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