Evbulb Technology Ltd

Evbulb Technology Ltd, based in London, UK, is a small, active company founded five years ago in 2019. It’s a solo founder operation with one employee and £213,106 in assets, operating from a virtual address shared by twenty-five other companies. The company is managed by a single director and owner, Liu Xuexia. It’s a tight-knit operation, and the company’s status is active.

Evbulb Technology Ltd operates primarily in the retail sale via mail order houses or via internet industries. The company’s website is currently unavailable, so it’s difficult to ascertain the specifics of its online presence or product offerings. It seems to be a small business, meeting two of three criteria for being classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Evbulb Technology Ltd presents a mixed picture. Cash bank on hand decreased by 14% to £150,000, while creditors remained stable at £240,000. Current assets also remained stable at £210,000. However, debtors significantly increased by 160% to £51,000, which could indicate increased sales but also potential difficulties in collecting payments. Equity, however, declined by 18% to -£28,000, suggesting the company is burning through cash. Tax liabilities, however, increased dramatically by 9,100% to £1,200. The accounts are described as “filleted” and unaudited, relying on director-reported data. No auditor is mentioned, which is typical for small companies.

Overall, Evbulb Technology Ltd seems to be navigating a challenging financial landscape. While it maintains a stable base of assets and creditors, the decline in equity and the increase in debtors suggest it's working hard to stay afloat. The company's small size and solo founder structure offer agility, but the lack of financial reserves is a cause for concern.

Registered in England/Wales under the registration number 12263070, with a registered address at W1U 6UD, London, 2nd Floor 136 Baker Street.

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