Nomadic Effects Ltd

Nomadic Effects Ltd is a small, active company registered in London, UK, founded three years ago in June 2021. It employs just one person and has a real address, managed by a single director and owner, French Louis Benjamin Cordy. The company operates in the retail sale via mail order houses or via internet industries.

The business focuses on e-commerce, although details about its website are unavailable. It's a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Nomadic Effects Ltd presents a concerning picture. Cash bank on hand has plummeted by 95%, dropping from £4,300 to just £210. Equity has experienced a dramatic decline, falling 94% to -£5,200. Creditors have increased by 49% to £5,400, and other creditors have risen by 51% to £5,300. While taxation and social security payable remain steady at £150, the overall trend suggests the company is burning through cash. The company's accounts are described as "filleted," meaning they are simplified and unaudited, and were prepared using VT Final Accounts software.

Despite the challenging financial situation, the company’s small size allows for agility. The lack of an auditor, typical for small companies, means the figures are self-reported. It’s unclear what caused this downturn, but the significant losses and dwindling cash reserves are a cause for concern.

Registered in England/Wales under the registration number 13431587, with a registered address at E15 3NF, United Kingdom, London, 3 Railway Cottages, Bakers Row.

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