Hot Uk Discounts Ltd

Hot Uk Discounts Ltd from Romford UK is a small, active company founded four years ago. It employs just one person and holds £1,673 in assets, with a real address and one director and owner. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website, Hot Uk Discounts, appears to be an e-commerce platform, though a detailed analysis isn't possible without further investigation. It seems to focus on offering discounts and deals, likely through online sales. There's no indication of a physical store or showroom. The site’s design and functionality are not immediately apparent without visiting it, but the name suggests a focus on discounted goods.

Financially, Hot Uk Discounts Ltd presents a picture of a very small, potentially fragile operation. Net assets are a mere £440, and cash reserves sit at just £1,500. While creditors remain stable at £1,200, the low asset base and minimal cash raise concerns. Loans from directors are at £680, which is not unusual for a small startup, but it does indicate reliance on personal funding. The company meets two of three conditions to be classified as small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are described as “filleted,” meaning they are simplified and unaudited, which is common for very small companies. There’s no auditor mentioned, further reinforcing this.

The business seems to be holding on, but the numbers suggest it's operating on a shoestring budget. It’s possible the company is reinvesting profits back into the business, or it could be facing challenges in generating sufficient revenue. The single employee and director likely handle all aspects of the business, from sales and marketing to order fulfillment and customer service. It’s a lean operation, but its long-term sustainability depends on its ability to attract and retain customers.

Registered in England/Wales under the registration number 13305391, with a registered address at RM7 9QD, England, Romford, Essex, 83d First Floor, London Road.

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