Japan Goodies Ltd

Japan Goodies Ltd from Stockport UK is a small, active company founded just one year ago. It boasts £635 in assets, a real address, and is managed by two directors and two owners. The company operates an e-commerce site and is involved in retail sales via mail order, internet, and non-specialised stores.

The company’s website highlights a focus on Japanese food and lifestyle products, though a detailed product catalog isn’s readily available. It seems to cater to a niche market seeking authentic Japanese goods. While the company is small (meeting two of three conditions: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s actively engaging in online retail.

Financially, Japan Goodies Ltd is facing some challenges. Net assets have plummeted to -£10,000, indicating that liabilities outweigh assets. Cash reserves are minimal at just £120, and bank borrowings are at £500. Creditors have increased, and debtors are at £510. It's a concerning trend, and it suggests the company is burning through cash. The lack of employees (zero reported) means the business is likely run by the directors themselves, which could be a factor in the tight margins. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the e-commerce side appears active, the financials reveal a company struggling to achieve profitability. Whether this is a temporary setback or a longer-term issue remains to be seen—but for now, Japan Goodies Ltd is betting on its niche market and customer satisfaction to turn things around.

Registered in England/Wales under the registration number 14935843, with a registered address at SK3 8US, England, Stockport, 8 Petrel Close.

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