Great British Market Place Ltd

Great British Market Place Ltd is a private limited company registered in England/Wales, operating from London, UK. Founded four years ago in October 2020, it’s a small, active business with a single employee and a real address. The company is led by a director and owner, Hossain Md Rashel, who also acts as the solo founder. It runs an e-commerce site, offering a wide range of products across various categories.

The platform functions as both a marketplace and an eHub, allowing merchants to sell their goods and offering customers a diverse shopping experience. The website highlights a focus on gifts, electronics, toys, and fashion, alongside business opportunities for those looking to start their own ventures. It also emphasizes referral programs and a mobile app for convenient shopping. The site's content suggests a desire to be a comprehensive online shopping destination, offering everything from home renovation ideas to beauty product trends.

Financially, Great British Market Place Ltd has experienced some turbulence. While the company’s assets have grown to £19,000, retained earnings have plummeted to -£4,300, a significant shift. Cash bank on hand has also seen a sharp decline, dropping to -£890. Creditors have decreased slightly, but trade debtors have increased, indicating potential issues with customer payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity loss and dwindling cash reserves are concerning. No auditor is mentioned, which is common for small companies exempt from an audit.

The company’s average number of employees has increased from one to four, which could be a positive sign of growth, but it also suggests increased operational costs. It’s clear that Great British Market Place Ltd is navigating a challenging financial landscape, and its future success will depend on its ability to manage costs and attract customers to its online platform.

Registered in England/Wales under the registration number 12954042, with a registered address at E1 7RA, England, London, 102-105 Whitechapel High Street 2nd Floor.

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