Digital Adams Ltd

Digital Adams Ltd is a small, active company based in London, UK, founded just one year ago in January 2024. The company holds £163,431 in assets and operates a virtual address, registered at 85 Great Portland Street, which is shared by a large number of other companies. It's a solo founder operation, managed by a single director and owner, Aloshyn Ruslan. The company runs an e-commerce site specializing in wholesale and retail of computers, software, and related services, also providing IT support and advertising.

The company’s website highlights its expertise in constructing and expanding online retail outlets, particularly on Shopify and Amazon. They focus on home and kitchen goods, digital products, and other categories, employing a team of 10 experts. Their strengths include quality products, customer support, and flexibility in adapting to market trends. They offer a range of services, including media buying, SEO, website development, email marketing, and Google Ads, aiming to help businesses grow.

Financially, Digital Adams Ltd shows a mixed picture. While current assets remain steady at £163,431, equity sits at a negative £380, indicating accumulated losses. Bank borrowings are nonexistent, but creditors are significant at £160,000, suggesting reliance on short-term financing. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees. With no auditor mentioned, the accounts are unaudited.

The negative equity and reliance on creditors suggest Digital Adams Ltd is burning through money, likely reinvesting heavily in its e-commerce projects. The lack of employees, despite a team of 10 experts mentioned on the website, is a curious detail. Whether this is a temporary phase as the company scales or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 15414546, with a registered address at W1W 7LT, England, London, 85 Great Portland Street.

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