Jb Collecive Ltd

JB Collecive Ltd from London UK: small company, active status, founded 1 year ago, 1 employee, £1,468 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £1,468. The company operates in the retail sale via mail order houses or via internet industries.

The website, Hificollective, is a dedicated online store for audio enthusiasts. It’s not just an e-commerce site; it’s a comprehensive resource offering a vast range of components, kits, literature, and valves. They sell capacitors, resistors, connectors, and even offer DIY kits for building audio equipment. The site is well-organized, with detailed product descriptions and a focus on high-quality brands like Audio Note, Mundorf, and Jantzen. It’s clear that Hificollective caters to a knowledgeable audience—those who appreciate the nuances of audio engineering.

Financially, JB Collecive Ltd presents a somewhat concerning picture. The company’s net assets are currently at -£140, indicating that liabilities exceed assets. Cash on hand remains at a modest £1,500, and creditors are stable at £1,600. The lack of employees (just one reported) suggests a lean operation, but the negative equity raises questions about its long-term viability. While the company is exempt from an audit, the unaudited figures highlight a need for careful financial management. It seems like the business is burning through money, and it's hard to say if the e-commerce side is generating enough revenue to offset the losses. The company’s small size helps it stay agile, but the financial situation needs to improve if it wants to thrive.

Registered in England/Wales under the registration number 14926116, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.

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