Etulia Ltd

Etulia Ltd from Sleaford UK: a small, active company founded four years ago, employs one person, and holds £5,034 in assets. It’s a solo founder operation with one director and owner. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, Weather Forecast Weather2Umbrella Ltd, welcomes visitors to a page dedicated to weather forecasting and umbrella sales. It’s a simple site, suggesting a small-scale operation focused on providing weather information and selling umbrellas—a straightforward ecommerce venture.

Financially, Etulia Ltd's recent performance shows some worrying trends. While administrative expenses decreased slightly by 14%, cash bank on hand dropped a significant 80% to just £2,600. Creditors remain steady, but current assets have halved to £5,000. Perhaps most concerning is the operating profit loss, which has increased dramatically from -£1,800 to -£12,000. Equity is also down, with retained earnings and accumulated losses now at -£22,000. It’s a small company, meeting two of three conditions for size (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and the lack of an auditor (likely exempt) means the figures are unaudited.

The company's reliance on cash bank on hand and the substantial operating loss suggest it may be burning through money. It’s possible the increased distribution costs, which decreased by 44%, are a result of increased marketing efforts to boost sales, but the overall picture isn’t encouraging. It’s clear the company needs to improve its profitability, or it could face challenges in the future.

Registered in England/Wales under the registration number 12804852, with a registered address at NG34 8ZF, United Kingdom, Sleaford, Lincolnshire, 6 Bluebell Road 6 Bluebell Road, Holdingham.

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