Direct Selling Limited

Direct Selling Limited is a small, active company registered in Kent, UK, founded eighteen years ago in 2006. It employs just one person and operates from a virtual address shared by twenty-seven other companies. The company is led by a single director and owner, Field Kenneth Thomas, who also acts as the solo founder. The business specializes in retail sale via mail order houses or via internet.

The company’s website reveals a simple index listing only one file: “cgibin.” This suggests a very basic online presence, likely not a full-fledged e-commerce site. It's possible the company utilizes a third-party platform for online sales, or that its online activities are minimal.

Financially, Direct Selling Limited shows a mixed picture. While the company’s net assets remained steady at -£65,000, other key metrics shifted. Bank borrowings increased slightly, rising by 0.94% to £7,500, and accrued liabilities decreased by 15% to £1,500. Creditors remained consistent at £82,000. The company’s property, plant, and equipment declined by 25% to £350. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the negative equity and reliance on bank borrowings suggest it’s operating on a tight budget. The lack of detail in the financial report—particularly the absence of a detailed profit and loss statement—makes it difficult to assess the company’s long-term viability. The director has elected not to include a copy of the profit and loss account within the financial statements.

Registered in England/Wales under the registration number 05913741, with a registered address at CT5 4EY, Kent, 18 Canterbury Road, Whitstable.

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