One More One Less Ltd

One More One Less Ltd from London UK: small company, active status, founded 4 years ago, £2,877 assets, virtual address, 1 director, 1 owner, solo founder. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £2,877. The company operates in the retail sale via mail order houses or via internet, the other service activities n.e.c. industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website is currently unavailable, making it difficult to assess its specific online presence and customer engagement. However, its business description suggests a focus on retail sales, possibly through an online store or mail order. Without a functioning website, it’s impossible to determine the extent of its e-commerce operations or the types of products it offers.

Financially, One More One Less Ltd presents a mixed picture. While cash reserves saw a significant boost, jumping 4800% to £2,400, other areas show signs of pressure. Creditors decreased by 92%, which is a positive sign of better debt management. However, equity plummeted 130% to £2,200, and accrued liabilities deferred income dropped 18% to £130. The company’s small size helps it stay agile, but the sharp equity decline and increased taxation social security payable (up 500%) raise concerns. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like the company is doing alright, but it's a bit tight. The sudden increase in cash is good, but the decrease in equity suggests the company may be burning through money, although it's hard to say for sure without more information. The director, Omotoso Rilwan, is clearly carrying the business forward, but the reliance on a virtual address and the lack of employees could indicate challenges in scaling up.

Registered in England/Wales under the registration number 13020343, with a registered address at WC2H 9JQ, United Kingdom, 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.