Nova Blooms Limited

Nova Blooms Limited, based in Staines-Upon-Thames, UK, is a small, active company established six years ago. With four employees and £560 in assets, this solo-founded business boasts a stellar 5.0 Google rating from 232 reviews. It’s a real address, and managed by one director and owner, Lucaci Ionel. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website currently displays a "New Website Coming Soon!" message, along with a password prompt, suggesting a pending online presence overhaul. It's a bit disappointing, but it does indicate an intention to improve their digital footprint.

Looking at the financial data, Nova Blooms Limited appears to be facing some challenges. While turnover isn't directly available, net assets have plummeted by a staggering 96%, dropping to -£120,000. Cash reserves have virtually disappeared, falling 99% to just £260. Bank borrowings have increased slightly, and current assets have dropped significantly. The company's small size (meeting two of three conditions for a small company) does offer some agility, but the dramatic decline in equity is concerning. It’s possible that the company has invested heavily in inventory or expansion, but the lack of cash flow is a red flag. The fact that there's no mention of an auditor suggests the company is taking advantage of exemptions available to small businesses. The company’s decline in employees from four to one is also notable.

Overall, Nova Blooms Limited seems to be in a precarious position, burning through money. While the strong Google rating suggests customer satisfaction, the financial data paints a picture of a company struggling to maintain solvency.

Registered in England/Wales under the registration number 11759297, with a registered address at TW19 6BN, Staines-Upon-Thames, Vine Nurseries, Spout Lane.

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