Fbq Ltd

Official Gadget Geek Ltd from Waltham Abbey UK: small company, active status, founded 4 years ago, real address, 1 director, 1 owner, solo founder, google rating 5.0 based on 65 reviews. It's a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the agents involved in the sale of a variety of goods, the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website, Official Gadget Geek, appears to be primarily an e-commerce platform. It showcases a range of tech gadgets, accessories, and related products, targeting consumers looking for affordable and convenient shopping options. While the site doesn's have a blog, it does have a contact form and a clear returns policy, which is good. There's also a section dedicated to customer reviews, which is a nice touch.

Financially, Official Gadget Geek Ltd has experienced some challenges. Net assets have declined significantly, dropping from -£6,700 to -£8,200. Cash reserves have also plummeted, falling by 89% to just £55. Bank overdrafts, however, have increased dramatically, rising by 1800% to £470. Creditors have increased slightly, while trade creditors have decreased. It’s a bit of a mixed bag. The company’s small size helps it stay nimble, but the decline in equity suggests it’s burning through cash. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s director, Sethi Mohammad Shoaib, seems to be wearing many hats, acting as both director and owner. The fact that the director list was changed recently could indicate a change in strategy or a new focus. It's a bit concerning that the company’s equity is negative, but it’s not uncommon for startups. It’s important to monitor the company’s performance closely in the coming months to see if it can turn things around.

Registered in England/Wales under the registration number 12702539, with a registered address at EN9 1TP, England, Waltham Abbey, 50 Roundhills.

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