Elecmart Limited

Elecmart Limited is a small, active company based in Birmingham, UK, founded three years ago in September 2021. It operates as an e-commerce site and is led by a single director and owner, Singh Gurminder, who also acts as the solo founder. The company's registered address is real, with only two other companies registered at the same location. Elecmart Limited operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not extensively detailed, confirms its focus on e-commerce, likely selling electrical components or related products. There’s no significant information about the website’s design or functionality, but its existence is a key indicator of the business model.

Financially, Elecmart Limited presents a picture of a very small operation. Current assets are a modest £100, and equity is also just £100, reflecting a minimal investment base. Bank cash is similarly low at £100. The company’s small size is confirmed by its meeting two of three criteria for a small company: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is common for companies of this size. The company has never traded, and has claimed exemption from reporting disclosure related party transactions. The financial statements are prepared on a going basis.

While the company's financial position isn't robust, it's not necessarily a cause for alarm. The lack of significant assets and cash reserves is typical for a young e-commerce business, and the lack of trading activity suggests it may still be in its early stages. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 13643037, with a registered address at B3 1RS, England, Birmingham, 121 Colman House, Livery Street.

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