Innovation Express Co Ltd

Innovation Express Co Ltd is a private limited company registered in England/Wales with the registration number 13783502. The company was founded three years ago on December 06, 2021, and registered at M1 6DN, England, Manchester, 109 Portland Street, C/O Lai & Co. The address is probably real as only three companies 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 one owner or PSCs, one director and no number of employees published.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. However, the description suggests a focus on retail sales through mail order and internet channels, indicating a potential e-commerce operation. Without a functional website, it’s impossible to determine the specific products or services offered, the target audience, or the overall branding strategy.

Financially, Innovation Express Co Ltd presents a mixed picture. While cash reserves increased significantly by 180% to £27,000, other key metrics show concerning trends. Equity has plummeted by 97%, leaving just £520, and net assets have fallen 96% to £620. Creditors have increased dramatically by 540% to £27,000, while trade creditors have surged 360% to £26,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. It’s possible these declines reflect investments in growth or increased operating expenses, but the sharp drop in equity is a particular point of interest. The company’s reliance on a single director and owner, Xiang Junpeng, may also indicate a lack of management depth.

Registered in England/Wales under the registration number 13783502, with a registered address at M1 6DN, England, Manchester, 109 Portland Street, C/O Lai & Co.

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