Nomad Sales Limited

Nomad Sales Limited is a small, active company based in London, UK, founded four years ago in 2020. It’s a solo-founded operation with one director and one owner, Gill Harvey, running a virtual e-commerce site. The company holds just £7,950 in assets and employs a single person. While registered at a City Road address, it’s likely a virtual address, as 8741 other companies share the same location.

The company operates in the retail sale via mail order houses or via internet, offering a range of womens clothing, dresses, tops, and accessories. The website showcases a focus on ethical and sustainable practices, with collections featuring linen, viscose, organic cotton, and recycled fabrics. It ships internationally, with a wide range of countries listed, and offers a 15% discount on new collections. The site also highlights its commitment to Cornish design and ethical production.

Financially, Nomad Sales Limited is showing some concerning trends. While cash reserves increased significantly by 430% to £8,000, net assets and equity both plummeted 60% to -£2,500. Creditors also increased by 36% to £10,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp equity drop suggests it's burning through cash. There’s no auditor mentioned, as the company is exempt as a small company, so the figures are unaudited.

It seems Nomad Sales Limited is facing challenges in converting sales into sustainable profits, despite a strong online presence and commitment to ethical practices. The company's future depends on its ability to manage its finances and continue attracting customers.

Registered in England/Wales under the registration number 12561286, with a registered address at EC1V 2NX, England, London, 124 City Road.

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