Ichicoo Limited

Ichicoo Limited, based in Bradford, UK, is a small, active company founded 18 years ago. With just two employees and £89,914 in assets, it’s a family business led by three directors and two owners, including a solo founder. The company operates in the retail sale via mail order houses or via internet industries, and boasts a virtual address – seventeen other companies are registered at the same location.

The company’s website, Ichicoo Limited, showcases a web designer operating in Bingley, England. It’s a private limited company with a long history, registered in 2007. While the address is listed as York House, Cottingley Business Park, it's likely a virtual address given the number of other companies registered there. The business appears to focus on online design services and e-commerce, with a strong emphasis on British craftsmanship.

Financially, Ichicoo Limited shows some positive trends but also areas of concern. Cash bank on hand increased by 26% to £67,000, and current assets rose by 21% to £90,000. However, equity plummeted 550% to £22,000, and net current assets increased dramatically by 1100% to £19,000. Trade debtors also increased by 6.7% to £23,000. The company meets two of the three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), and its accounts are unaudited, a common practice for small companies.

The sharp increase in equity, while positive, could be due to various factors, such as retained earnings or revaluation of assets. The rise in trade debtors suggests that the company is extending credit to customers, which could be a strategy to boost sales but also carries the risk of bad debts. With no auditor mentioned, the financial picture relies on the director's assessment. Overall, Ichicoo Limited appears to be a small, family-run business navigating the challenges and opportunities of the online retail market.

Registered in England/Wales under the registration number 06127233, with a registered address at BD16 1PE, United Kingdom, Bradford, West Yorkshire, York House, Cottingley Business Park,.

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