Flip Deals Ltd
- Small
- Active
- 2 years
- 1 employee
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Flip Deals Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded two years ago. It's a solo venture, employing just one person and led by a single director and owner. The company operates an e-commerce site, and boasts a real registered address.
The website showcases a diverse range of products, from reading glasses and air compressors to fitness trackers and mini printers. It’s clearly aiming for a broad appeal, with categories ranging from electronics and health to home goods and tools. The site includes a shopping basket, delivery rate selection, and a search function, but Javascript must be enabled to use it fully. It's a simple design, with a copyright date of 2025.
Financially, Flip Deals Ltd presents a mixed picture. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets are negative at -£1,100, and cash on hand remains at a modest £2,000. Loans from directors are at £3,100. Creditors are also at £3,100. The company’s accounts are described as "filleted" and unaudited, and they were authorised for issue in April 2024. The company states that it will continue to operate for the foreseeable future. It's a bit concerning that the company is operating at a loss, but it's not unusual for a new e-commerce business to burn through cash initially. It's possible the company is reinvesting heavily in marketing or inventory to drive future growth.
Registered in England/Wales under the registration number 14152716, with a registered address at NE12 6JF, United Kingdom, Newcastle Upon Tyne, 63 Garth Twentytwo.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ajueshi Abraham
- 11 months
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ajueshi Abraham Kojo
- 1 year
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-03-20 with no updatesDownload 3 pages pdf report
-
Cessation of Stephen Kojo Ajueshi as a person with significant control on 2024-05-18Download 1 page pdf report
-
Termination of appointment of Stephen Kojo Ajueshi as a director on 2024-05-18Download 1 page pdf report
FAQ about Flip Deals Ltd
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