Drop Shop Limited
- Small
- Active
- 6 years
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Drop Shop Limited is a small, active company based in Ashford, UK, founded six years ago in 2019. It’s a solo-founded operation with one director and owner, Khurana Sahiba Kaur, and operates an e-commerce site. The company’s real address is shared by just three other businesses, suggesting a genuine location. Drop Ship Mall, its website, is clearly focused on drop shipping, offering a bespoke platform for aspiring entrepreneurs.
The website showcases a vast array of products, from Easter crafts and floral supplies to toys and event decorations. It's a one-stop shop for retailers, with a particular emphasis on drop shipping services—allowing businesses to list and sell products without holding any stock. Drop Ship Mall even provides stock updates and traceability of completed orders, cutting down on administration work. The site’s FAQ section explains the drop shipping model and highlights its benefits, emphasizing ease of use and competitive pricing.
Financially, Drop Shop Limited presents a curious picture. While it’s a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial data reveals minimal activity. Cash bank on hand and equity both stand at a mere £1, with net assets and current assets also at £1. There’s no mention of an auditor, which is common for small, exempt companies. The lack of employees (zero reported) suggests a lean operation, possibly run solely by the owner.
The minimal financial figures, while not necessarily alarming, do raise questions. It’s possible the company is reinvesting heavily in its platform or experiencing a slow period. The focus on drop shipping, while offering potential for growth, also means reliance on external factors and the success of its partner businesses. The company’s future likely hinges on its ability to attract and retain drop shippers, and to continuously improve its platform to meet their needs.
Registered in England/Wales under the registration number 11928249, with a registered address at TW15 1UE, England, Ashford, 43 Ashford Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Khurana Sahiba Kaur
- 6 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Khurana Sahiba Kaur
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-04-30Download 6 pages pdf report
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Confirmation statement made on 2024-04-04 with no updatesDownload 3 pages pdf report
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Accounts for a dormant company made up to 2023-04-30Download 2 pages pdf report
FAQ about Drop Shop Limited
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