Ecommerce Online Ltd

Ecommerce Online Ltd is a small, active company registered in London, UK. Founded four years ago in April 2020, it operates with a single employee and holds just £2 in assets. The company, led by a solo founder and director, Shaffu Eddie Bernard, utilizes a virtual address shared by 13,669 other companies, suggesting a cost-saving strategy. It’s a private limited company, and its accounts are unaudited.

The company’s website is minimal, but it appears to operate in the retail sale via mail order houses or via internet. It owns a company called Justprettychic Accessories Ltd, indicating a possible expansion or diversification strategy.

Financially, Ecommerce Online Ltd presents a mixed picture. While the company’s small size (meeting two of three conditions for a small company) allows for agility, the numbers reveal some concerning trends. Accumulated Amortisation Impairment Intangible Assets increased by 35%, while Accumulated Depreciation Impairment Property Plant Equipment rose by 33%. Amounts Owed To Directors increased by 9.3% to £130,000, and Creditors also increased by 9.2% to £130,000. The most significant change is the net assets liabilities, which plunged 13% to -£120,000. Cash bank on hand remains at a mere £2. Fixed assets decreased by 23%. These trends suggest the company is burning through cash, and while it’s not necessarily a crisis, it does indicate a need for careful financial management. The lack of employees (just one reported) likely contributes to the lean operation, but it also limits the company’s potential for growth.

Registered in England/Wales under the registration number 12568562, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.

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