Er Ecommerce Ltd

Er Ecommerce Ltd is a small, active company based in London, UK, founded four years ago. It’s a solo venture led by one director and owner, with a single employee and £405,121 in assets. The company operates in the retail sale via mail order houses or via internet industries. Its registered address is a virtual one, shared by 123 other companies, raising some questions about its physical presence.

The company's website, the eCommerce Forum, is a platform for buyers and suppliers in the eCommerce industry. It hosts events designed to facilitate one-to-one meetings, professional development, and networking opportunities. The forum offers keynote seminars, discussion panels, and certification programmes, covering emerging trends and best practices. It’s a focused event, and the site is clearly dedicated to connecting people in the digital commerce space.

Financially, Er Ecommerce Ltd’s numbers present a mixed picture. Cash bank on hand has fallen dramatically by 91%, dropping to just £10,000, which could be concerning. Creditors have also decreased significantly, by 87%, to £30,000, suggesting improved debt management. However, the company’s net assets have increased by 3.3% to £380,000, and current assets have decreased by 32% to £410,000. The company’s director has received a large advance of £250,000, but also repaid £240,000, which could be related to business operations. It’s a small company, meeting two of the three criteria for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The accounts are unaudited, and no auditor is mentioned.

Overall, Er Ecommerce Ltd appears to be navigating a period of change. While the eCommerce Forum is a thriving platform, the company's financial performance suggests it’s burning through cash, and the large director's advance and repayments warrant further investigation.

Registered in England/Wales under the registration number 12848025, with a registered address at EC2A 4NE, United Kingdom, London, 86-90 Paul Street, 3rd Floor.

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