Emunah Europe Ltd
- Small
- Active
- 9 years
- 1 employee
- Virtual address
- 2 directors
- 1 owner
- Solo founder
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
Summary
Emunah Europe Ltd from Chessington UK is a small, active company founded nine years ago. With just one employee and a virtual address, it operates as a solo-founded venture overseen by two directors and one owner. The company’s core business revolves around retail sales via mail order houses or via the internet, catering to a specific niche.
The company's website, while not providing extensive details, suggests a focus on online retail. It’s difficult to ascertain the exact nature of their e-commerce operations without further investigation, but the presence of a website indicates an online sales component.
Financially, Emunah Europe Ltd is showing some concerning trends. Cash reserves have declined significantly, dropping 61% to just £170. Creditors have increased by nearly 50%, reaching £2,000, while equity has plummeted 93%, resulting in net assets and liabilities of -£1,800. It's a worrying picture, especially considering the company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of cash and the growing debt load suggest the company is burning through money, although it’s possible this is a temporary situation. The accounts are described as “filleted,” meaning they’re simplified and unaudited, and there’s no mention of an auditor. This is likely due to the company’s small size and exemption from an audit. The company’s revenue recognition policy states that turnover is measured at the fair value of the consideration received, but without more details, it’s difficult to assess the quality of their sales.
Overall, Emunah Europe Ltd appears to be facing financial challenges, despite its active status and established presence. Whether the company can navigate these pressures and achieve sustainable growth remains to be seen.
Registered in England/Wales under the registration number 09737555, with a registered address at KT9 1SD, United Kingdom, Chessington, Suite 41 Chessington Business Centre, 37 Cox Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lee Sin
- 9 years
- 1
- 75%+
-
Resident of South Korea
-
Individual
- Lee Sin
- 9 years
- 1
- 75%+
-
Resident of South Korea
Managers
-
Individual
- Jo Young Suk
- 1 year
- 1
-
Resident of United Kingdom
-
Individual
- Lee Sin
- 9 years
- 1
-
Resident of South Korea
-
Individual
- Lee Sin
- 9 years
- 1
-
Resident of South Korea
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 2 pages pdf report
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Confirmation statement made on 2024-08-17 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-08-31Download 2 pages pdf report
FAQ about Emunah Europe Ltd
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