Novax Systems Limited

2247 Marketing Ltd, based in London, UK, is a small, active company founded seven years ago in 2018. With £258,523 in assets and a virtual address shared by over 5,000 other businesses, it’s a compact operation managed by one director and owner. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, Novax Systems, focuses on brand building, stating, "We build brands from scratch using data." It lists addresses in both London and Los Angeles, suggesting a growing international presence. The site emphasizes data-driven brand development, offering services likely targeted at startups and smaller businesses. It's clear the company is focused on digital marketing and brand strategy, rather than direct e-commerce.

Financially, 2247 Marketing Ltd presents a mixed picture. Current assets have decreased by 15% to £260,000, while net assets have plummeted 120%, resulting in a negative equity of -£12,000. Creditors have also decreased by 3.3% to £130,000, and bank borrowings have decreased by 65%, which is a positive sign. The lack of employees (zero reported) suggests a lean operation, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. No auditor is mentioned, consistent with exemption for small companies.

In short, 2247 Marketing Ltd is facing some financial challenges, despite its focus on high-growth brand development. The negative equity is a concern, but the decrease in bank borrowings suggests some progress in managing debt. It's likely the company is reinvesting in its business, but it needs to carefully monitor its cash flow to avoid further strain.

Registered in England/Wales under the registration number 11266494, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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