Noexcusess Ltd

Noexcusess Ltd from Portsmouth UK is a small, active company founded three years ago. It boasts £16,977 in assets and operates from a real address, managed by two directors and two owners, with a solo founder at its helm. The company’s activities span retail sale via mail order, sports and recreation education, and various information services.

The business appears to be a modest operation, meeting two of the three criteria to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Its website is currently unavailable, making it difficult to assess its e-commerce presence.

Financially, Noexcusess Ltd’s situation presents a mixed picture. While current assets remain at £17,000, the company is operating with a negative equity of £6,200—a concerning trend. Bank borrowings are at £29,000, and cash reserves are a modest £1,900. Creditors have remained steady at £36,000. The lack of employees (zero reported) suggests a lean operation, but the negative equity raises questions about its long-term viability. As a small company, it is exempt from an audit, so the figures are unaudited.

Adnan Mohammed and Angelov Vladislav Rosenov are both directors and owners of Noexcusess Ltd, and their roles have changed one year ago. The company’s financial data reveals a challenging period, and whether it can overcome these hurdles remains to be seen.

Registered in England/Wales under the registration number 13822595, with a registered address at PO6 3EN, England, Portsmouth, Hampshire, Noexcusess, Western Road.

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