Newly Born Uk Ltd

Newly Born UK Ltd is a small, active company based in London, UK, founded two years ago in September 2022. The company, with £20,911 in assets, operates as a solo-founded e-commerce business, selling unique and exceptional gifts for babies and young children. It has a single director and owner, Ravikumar Navinth, and utilizes a virtual address shared by over 10,000 other companies.

The company’s website showcases a range of products, including newborn gift sets, blankets, soft toys, feeding supplies, and personalized items. It emphasizes high-quality, useful, and eco-friendly baby products, with a focus on stylish and elegant designs. The site also features a blog, newsletter sign-up, and a free gift box offer for orders over £99.99, demonstrating a commitment to customer engagement and value.

Financially, Newly Born UK Ltd’s numbers paint a mixed picture. While the company meets the criteria to be considered small – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – its equity is negative at -£5,900, indicating accumulated losses. Cash reserves are a modest £130, and net current assets and liabilities sit at -£12,000. Trade debtors are steady at £450, while creditors remain at £33,000. The increase from depreciation charge for the year is £2,000. The company's accounts are unaudited and exempt from audit, and the director has elected not to include a profit and loss account. The company’s financial instruments are classified as basic, and it uses the 25% reducing balance method for depreciation.

While the e-commerce site appears active and offers a range of appealing products, the negative equity and reliance on bank borrowings suggest Newly Born UK Ltd is currently burning through cash. Whether it can achieve sustainable growth in the competitive baby gift market remains to be seen.

Registered in England/Wales under the registration number 14353031, 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.