Interitower Ltd

Interitower Ltd is a small, active company based in London, UK, founded four years ago in 2021. With just one employee and £-3,314 in assets, it’s a solo-founded operation run by a single director and two owners. The company operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets industries. It’s a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 5 months of imports, the latest in November 2024. It has a registered address, but it’s probably virtual, as 3552 companies share the same address.

While the company’s website isn’t available, it’s likely focused on online retail, possibly specializing in furniture and lighting. It's a small business, meeting two of three conditions for being considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Interitower Ltd is facing challenges. Current assets plummeted 140% to -£3,300, and net assets dropped 88% to -£33,000. Cash bank on hand is also down 12% to -£3,300. Creditors increased by 18%, and value tax payable surged 1000%, suggesting potential cash flow problems. Trade debtors and other debtors are both at zero, which is unusual. The company's small size helps it stay agile, but the sharp decline in equity and the negative current assets raise concerns. With no auditor mentioned, the figures rely on unaudited statements.

In short, Interitower Ltd is struggling financially, but it’s a small, solo-founded operation with a niche import business. Whether it can turn things around remains to be seen, but it's a business that’s clearly trying to make a go of it.

Registered in England/Wales under the registration number 13284282, with a registered address at EC1V 2NX, England, London, 128 City Road.

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