Jiuhou Ltd

Jiuhou Ltd is a small, active company based in Newcastle Upon Tyne, UK, founded two years ago in April 2023. Employing just two people, the company holds £53,265 in assets and operates from a real registered address. With two directors and two owners, it runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings—a trend spanning twelve months, with the most recent import occurring in July 2024. The company operates in the licensed restaurants, public houses and bars industries.

The company's website, accessible through AliExpress, indicates a focus on selling products with exclusive discounts. While the main site is AliExpress, it’s clear Jiuhou Ltd is leveraging this platform to reach a wider customer base. The AliExpress presence suggests a focus on competitive pricing and a global reach, complementing its import activities.

Financially, Jiuhou Ltd presents a mixed picture. While current assets are reported at £53,000, the company’s equity sits at a negative £37,000—a significant shortfall. Bank borrowings are not mentioned, but creditors amount to £110,000, suggesting a reliance on short-term financing. Cash reserves are reported at £21,000, which, combined with the negative equity, indicates the company is burning through money. Trade debtors are reported at £32,000, which could be a sign of customers taking longer to pay. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s exempt from an audit, so the figures are unaudited.

Overall, Jiuhou Ltd is a small e-commerce business facing financial challenges. While its AliExpress presence suggests a focus on sales and a global reach, the negative equity and reliance on short-term financing raise concerns about its long-term sustainability. It’s clear the company needs to manage its cash flow more effectively.

Registered in England/Wales under the registration number 14811498, with a registered address at NE1 4YB, England, Newcastle Upon Tyne, Palace Garden, 45-51 Stowell Street.

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