Jolly Turtle Ltd

Jolly Turtle Ltd from New Malden UK: small company, active status, founded 5 years ago, confirmation overdue 2 months, £3,186 assets, real address, 1 director, 2 owners. It’s a small business, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company has been active since its incorporation on January 10, 2020, but confirmation statements are currently overdue by two months. It holds a modest £3,186 in assets and operates from a real address at 7 Reynolds Road, New Malden, KT3 5NG, England. The business is run by one director and owned by Deelchand Jean-paul and Seldon Daniel Adam.

Jolly Turtle Ltd specializes in selling eco-friendly products online, primarily biodegradable wheat straws and reusable bags. Their website highlights a commitment to reducing plastic waste, offering products like wheat straws, reusable sandwich bags, and foldaway shopping bags. They also partner with Big Blue Ocean Cleanup, demonstrating a dedication to environmental causes. The site features a blog, FAQ section, and a "Products" page showcasing their offerings. It’s clearly an e-commerce operation, with a focus on sustainability and appealing to environmentally conscious consumers. They are doing a good job at marketing their products.

Financially, Jolly Turtle Ltd is showing some concerning trends. Current assets have plummeted 43%, dropping to just £3,200, while net assets have also declined significantly, reaching -£7,600. Cash reserves have fallen by a substantial 15%, leaving just £3,200 on hand. Loans from directors have remained steady, but trade creditors have increased, suggesting a reliance on credit. The company’s small size and lack of employees (zero reported) contribute to its agility, but the declining equity raises questions about its long-term viability. As a small company, it is exempt from an audit, so the figures are unaudited. It's a bit worrying.

Registered in England/Wales under the registration number 12396756, with a registered address at KT3 5NG, England, New Malden, 7 Reynolds Road.

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