H2o London Ltd

H2o London Ltd is a small, active company based in London, UK, founded six years ago in 2019. It's a solo-founded operation with one employee, a single director, and an owner, operating an e-commerce site specializing in discounted Bosch, Siemens, and Neff appliances. The company’s registered address is real, with only one other business registered at the same location.

The website, H2O Appliances, presents a well-established online retailer with a focus on refurbished appliances. It offers a wide range of washing machines, dryers, dishwashers, and refrigeration units, emphasizing unbeatable prices and a six-month warranty. The site also provides repair services for Bosch, Neff, and Siemens appliances and even offers a "Plant a Tree With Every Purchase" initiative, demonstrating a commitment to sustainability.

Financially, H2o London Ltd is showing some concerning trends. While current assets increased slightly to £5,600, net assets decreased significantly to -£19,000. Operating losses deepened to -£17,000, and bank borrowings remained steady at £3,100. Creditors have also increased substantially, rising to £7,200. The company’s small size (meeting two of three criteria for a small company) helps it stay nimble, but the significant losses and negative equity suggest it’s burning through cash. As a small company, it's exempt from an audit, so the figures are unaudited.

It seems the company is facing challenges in converting sales into profit, despite a well-designed website and a focus on competitive pricing. Whether this is a temporary setback or a more fundamental issue remains to be seen, but for now, H2o London Ltd is navigating a tough market with a focus on value and customer service.

Registered in England/Wales under the registration number 11748743, with a registered address at SE5 8HY, United Kingdom, London, Flat 11 Lettsom Street.

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