Netwarehouse Ltd

Netwarehouse Ltd from Northampton UK: a small, active company founded seven years ago, holds £1,970 in assets, operates from a real address, and is led by a single director and owner, who also serves as the solo founder. The company meets two of three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Netwarehouse Ltd operates in the retail sale via mail order houses or via internet industries. The company’s website, simply netwarehouse.co.uk, lists its address as 1 Moulton Park Office Village, Scirocco Close, Northampton, NN3 6AP. It’s registered in England and Wales with number 10756309. The site provides basic contact information and no further details about its operations, suggesting a straightforward, perhaps lean, e-commerce presence.

Financially, Netwarehouse Ltd presents a concerning picture. Current assets have fallen by a significant 28%, dropping to just £2,000. Equity has also declined, now standing at -£13,000, indicating accumulated losses. Cash reserves are down 28% to £2,000, and net assets liabilities are -£13,000. While creditors have remained relatively stable, the overall trend points to financial strain. The company’s small size helps it maintain agility, but the negative equity and dwindling cash reserves raise questions about its long-term viability. As a small company, it’s exempt from an audit, and the financial statements are unaudited. The director acknowledges their responsibilities, but the numbers suggest a company struggling to stay afloat.

Registered in England/Wales under the registration number 10756309, with a registered address at NN3 6AP, England, Northampton, Northamptonshire, 1 Moulton Park Office Village, Scirocco Close.

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