Hotdeals Ltd

Hotdeals Ltd is a small, active company registered in Woking, UK, founded six years ago in 2018. With just one employee and £42,747 in assets, it’s a modest operation led by one director and two owners. The company operates in the retail sale of mobile telephones, games, clothing, and other retail goods, and is an irregular importer of vehicles, parts, and accessories—the last import occurred in September 2023.

The company’s website, Hotdeals.co.uk, focuses on attracting customers with surprise deals delivered via a weekly newsletter. It’s operated by Bilgo Ltd, registered in England and Wales, and features a standard e-commerce design—no indication of complex inventory management or bespoke features. It’s a simple, straightforward approach to online retail.

Financially, Hotdeals Ltd’s picture is mixed. Accumulated depreciation on plant and machinery increased by 32%, and on vehicles by 36%, suggesting ongoing investment in equipment. However, cash bank on hand decreased by 13% to £7,000, and net assets dropped by 57% to -£23,000. Creditors increased by 29%, which could be a sign of needing to finance operations. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the negative equity is a concern. The lack of an auditor (likely exempt) means the figures are unaudited.

Overall, Hotdeals Ltd appears to be navigating a challenging period. While the website shows effort to attract customers, the financial data suggests the company is burning through money, and the lack of employees points to a lean operation—perhaps too lean. Whether the company can sustain its operations and turn a profit remains to be seen.

Registered in England/Wales under the registration number 11484253, with a registered address at GU21 5RE, United Kingdom, Woking, 92b Albert Drive.

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