Germanic Limited

Germanic Limited is a small, active company based in London, UK, founded three years ago in 2021. It operates as a solo-founded e-commerce site with a single director and owner, Babenko Germanas. The company’s registered address is a virtual one, shared by 91,072 other companies, and holds just £5,678 in assets. It’s involved in a diverse range of activities, including non-specialised wholesale trade, retail sales via the internet, software development, and web portals.

The company's website, Victrix Miniatures, is dedicated to historical wargaming miniatures. It specializes in 28mm and 12mm scale figures representing various historical periods, from ancient warfare to WWII. The site offers a wide selection of miniatures, accessories, paints, and transfers, catering to hobbyists and wargaming enthusiasts. It’s a well-designed site with a gallery and blog, showing a clear focus on community engagement.

Financially, Germanic Limited's recent accounts present a mixed picture. Net assets have plummeted by a staggering 170%, landing at -£1,500. Cash bank on hand has increased by 23%, reaching £1,900, but trade debtors have ballooned by 220%, jumping to £3,800. Liabilities to creditors have also increased by 24%, reaching £7,200. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The surge in debtors suggests potential issues with customer payments, while the increase in creditors indicates a need to manage short-term liabilities. While the e-commerce site appears active and well-stocked, the financial data reveals a company facing challenges—hopefully, it can turn things around.

Registered in England/Wales under the registration number 13549208, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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