Handelnine Global Limited

Handelnine Global Limited is a small, active company based in Harrow, UK, founded five years ago in 2019. With a single employee and £984,357 in assets, it operates from a virtual address—thirty companies registered at the same location—and is led by two directors and one owner, who is also the solo founder. The company boasts a respectable Google rating of 4.0 based on 53 reviews.

Handelnine Global is focused on building online retail brands from the ground up and scaling them globally. Its website highlights a tech-driven approach, creating brands that deliver unique products directly to customers. It operates multiple brands, including NavaFresh (healthy nutrition), HomeLoft (home & garden), NinthAvenue (beauty), ToysCentral (toys), DirectNine (electronics), and NineFit (fitness). The company emphasizes in-house capabilities, direct sales channels, and global fulfilment offices to improve the shopping experience. It leverages data to identify new markets, builds reusable processes, and prioritizes speed and efficiency in launching new brands.

Financially, Handelnine Global shows some concerning trends. Cash bank on hand has dropped by 21% to £810,000, and current assets are down 17% to £980,000. Trade creditors have also decreased by 19% to £830,000. While bank borrowings have increased, it’s not clear if this is a short-term funding gap or a sign of more significant financial pressures. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in assets suggests it’s burning through money faster than it’s generating revenue. No auditor is mentioned, which is typical for small companies, and the accounts are unaudited.

Overall, Handelnine Global appears to be a fast-growing but potentially financially vulnerable startup. Its focus on building brands and leveraging technology shows promise, but it needs to manage its cash flow and ensure sustainable growth to avoid burning through its resources.

Registered in England/Wales under the registration number 12210282, with a registered address at HA1 1BE, United Kingdom, Harrow, Middlesex, Hygeia Building Rear Ground Floor, 66-68 College Road.

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