Fernlea Retail Ltd

Fernlea Retail Ltd from London UK: small company, active status, founded 2 years ago, 1 employee, £1,321 assets, virtual address, 1 director, 1 owner, solo founder. It’s a private limited company registered in England/Wales with the registration number 14564522. The company was founded two years ago on December 31, 2022, and registered at EC4M 9DQ, England, London, 1 Bow Churchyard. The address is probably virtual as eleven companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

Fernlea Retail Ltd’s website showcases a business focused on retail sale via mail order and internet. The site appears to be a fully functional e-commerce platform, likely selling a range of products, although specific details are not immediately apparent. There's no obvious indication of a physical store or showroom. The website’s design is clean and professional, suggesting a focus on user experience and online sales. It’s a modern, digital-first operation.

Financially, Fernlea Retail Ltd presents a picture of a very small business struggling to gain traction. Current assets are a modest £1,300, while net assets sit at a negative £7,700. Bank borrowings are £9,000, and cash reserves are a mere £80. Creditors also stand at £9,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does offer some flexibility, but the negative equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is common for companies of this size. It seems the business is burning through money, relying on credit to stay afloat, but the lack of substantial assets or revenue is a worry. The director, Mr. A.S. Thomas, is responsible for these accounts.

Registered in England/Wales under the registration number 14564522, with a registered address at EC4M 9DQ, England, London, 1 Bow Churchyard.

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