Heritance 1 Ltd

Heritance 2 Ltd is a private limited company registered in England/Wales with the registration number 15167403. The company was founded one year ago on September 26, 2023, and registered at RM10 7HB, England, Dagenham, 3 Wisdons Close. The address is probably real as only two companes registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, one director and no number of employees published. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company's website, Heritance 1 Ltd, showcases a retail operation focused on online sales. It appears to be an e-commerce business, offering a range of products through its website. While specific product details are unavailable, the site’s design and functionality suggest a modern online store. It's hard to tell if they have a physical store, but the focus is clearly on internet sales.

Financially, Heritance 1 Ltd presents a mixed picture. Current assets are down a bit, while net assets have fallen significantly to just £50. Bank borrowings are negative, meaning they’re paying off loans, and cash reserves have also decreased. Creditors are also negative, which could mean they’re paying off debts. The company’s small size helps it stay nimble, but the drop in equity raises some questions. There’s no auditor mentioned, which is common for small companies, so the figures are based on unaudited statements. The accounts were prepared using Taxfiler software.

Overall, Heritance 1 Ltd seems to be navigating early-stage challenges. The focus on online retail and a lean operation are positives, but the financial strain suggests a need for careful management. Whether the company can sustain its growth and profitability remains to be seen.

Registered in England/Wales under the registration number 15167403, with a registered address at RM10 7HB, England, Dagenham, 3 Wisdons Close.

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