E-volcano Ltd

E-Volcano Ltd is a small, active company based in Birmingham, UK, founded two years ago. It's a solo venture with one employee and £44,752 in assets, operating as an e-commerce site. The company is led by a single director and owner, Khan Rashidullah, and has a real registered address. It’s involved in a diverse range of activities, including retail sales via the internet, IT consultancy, packaging, and business support services.

The company’s website showcases a wholesale marketplace with a wide variety of products, from baby essentials and beauty items to pet supplies and vaping products. It's clearly aiming to be a one-stop shop for various consumer needs, with sections dedicated to best deals, collections, and a frequently asked questions area. The site emphasizes competitive pricing and convenient delivery options.

Financially, E-Volcano Ltd's picture is a bit mixed. Cash bank on hand has plummeted by a significant 96%, falling to just £800, while total inventories have risen dramatically by 170% to £44,000. Loans from directors have also increased by 42% to £43,000. On the positive side, accrued liabilities have decreased by 33%, and trade creditors have completely disappeared. Net assets and net current assets have both dropped significantly, indicating a potential strain on the company's financial health. Despite meeting two of the three criteria to be considered a small company, the sharp decline in equity and cash reserves is concerning. No auditor is mentioned, which is common for small, exempt companies.

The rise in inventories suggests the company may be stocking up on products, perhaps anticipating increased demand or facing supply chain issues. The increased reliance on director loans could indicate a need for additional capital. While the e-commerce site appears active, the financial data suggests E-Volcano Ltd is facing some challenges and is burning through money.

Registered in England/Wales under the registration number 14097173, with a registered address at B8 2SL, United Kingdom, Birmingham, Unit 18681 186b Drews Ln.

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