Itsalleco Ltd

Itsalleco Ltd, based in Bexhill On Sea, UK, is a small, active company founded two years ago. With £20,056 in assets and a virtual address, the company is run by a solo founder who also acts as director and owner. Itsalleco operates an e-commerce site specializing in eco-friendly products, shipping worldwide.

The website, Its All Eco, is a one-stop shop for sustainable products, offering a wide range of wrapping paper, tissue paper, shredded paper, ribbon, and other gift-related items. It caters to a global customer base, with products available in multiple currencies and shipping to various countries. The site’s design is clean and user-friendly, with a focus on showcasing the products’ eco-friendly credentials. The site also has a wholesale section, indicating an effort to expand beyond individual consumers.

Financially, Itsalleco Ltd presents a mixed picture. While it’s a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets are a mere £79, a significant drop from the previous year. Cash reserves are at £6,300, and trade debtors are £7,200. Bank borrowings are £4,000. Creditors have remained steady at £21,000. The company's director withdrew £6,850 from the company, and owes £6,850. The lack of employees (zero reported) suggests a lean operation. With no auditor mentioned, the figures are unaudited.

The company's focus on eco-friendly products aligns with growing consumer demand for sustainable options. However, the financial data suggests the business is burning through cash, and it’s not clear if it’s profitable. The virtual address raises questions about its physical presence and operational efficiency. It's likely that the business is still in its early stages, and it needs to focus on improving its financial performance to ensure its long-term sustainability.

Registered in England/Wales under the registration number 14236805, with a registered address at TN40 1EZ, England, Bexhill On Sea, East Sussex, 28 Wilton Road.

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