Innovative Sales House Ltd

Innovative Sales House Ltd from London UK: small company, active status, founded 10 years ago, £208,097 assets, virtual address, 1 director, 2 owners, solo founder. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was incorporated on January 15, 2015, and currently holds £208,097 in assets. Its registered address, N1 7GU, England, London, 20-22 Wenlock Road, is likely virtual, given that 28,865 other companies share the same address. The business is led by one director and owned by two individuals, although the ownership list was updated three years ago and isn't exhaustive. It was founded by a solo entrepreneur.

Innovative Sales House Ltd operates primarily in the retail sector, specifically through mail order and internet sales. It also engages in the buying and selling of its own real estate. The company’s website, however, is minimal, consisting almost entirely of trust logos. This suggests a reliance on external platforms for sales and marketing rather than a dedicated e-commerce presence. It’s not immediately clear if the company is actively selling products online, or if the website serves primarily as a trust signal for potential customers. The website’s code reveals a focus on building trust and security, but lacks any visible product listings or shopping cart functionality.

Financially, Innovative Sales House Ltd presents a mixed picture. While the company’s assets remain relatively stable at £208,097, net assets and liabilities have worsened, dropping to -£820. Cash on hand increased slightly to £920, but bank borrowings remain unchanged. Trade creditors have also remained consistent. The company’s small size, and the lack of an auditor, means the financial data relies on director-reported information. The company’s retained earnings and accumulated losses are in the negative, which is not unusual for a young business. The company’s debts are also higher than its assets, which is not ideal, but not necessarily a sign of imminent collapse. The company’s financial statements are unaudited, and the company is exempt from audit as a small entity.

Registered in England/Wales under the registration number 09391133, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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