Eclectic Commerce Ltd

Eclectic Commerce Ltd is a small, active company based in London, UK, founded four years ago in May 2020. It’s a family business with a single director and two owners, holding £14,112 in assets. The company operates from a virtual address, sharing space with 6850 other businesses, which is a bit unusual.

The company’s website highlights its focus on building successful products and services within niche markets, using market research software to identify opportunities. It started by selling ski masks, quickly adapting to the pandemic, and is currently developing a new pet product. It’s dedicated to investing in innovative ideas, and encourages people to share their own. The site’s “Invest” and “Nurture” tabs suggest a focus on building relationships and generating revenue.

Financially, Eclectic Commerce Ltd shows a remarkable turnaround. Cash bank on hand jumped a staggering 1500%, reaching £14,000, while net assets soared from a negative £1,300 to a positive £9,500. Creditors remained steady at £2,200, and net current assets improved dramatically. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the significant increase in equity suggests a period of successful growth. The accounts are abridged and unaudited, and there's no auditor mentioned, which is common for small companies.

Overall, Eclectic Commerce Ltd appears to be on a positive trajectory, demonstrating strong financial improvement and a clear focus on niche markets. The company’s ability to adapt and innovate, as evidenced by its pivot from ski masks to pet products, suggests a resilient business model.

Registered in England/Wales under the registration number 12626238, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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