Online Force Ltd

Online Force Ltd from Lower Road UK: small company, active status, founded 4 years ago, £66,085 assets, real address, 2 directors, 2 owners. Regular importer of miscellaneous food products (6 months imported). It’s a private limited company registered in England/Wales with the registration number 12657845. The company was founded four years ago on June 09, 2020, and registered in SE16 2XB, England, Lower Road, London, Unit 39 St Olavs Court, City Business Center. The address is probably real as only seven companies registered at the address. Its status is active. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company operates primarily as a van sales business, offering a simplistic way to sell your van online. Its website, Van Force, specializes exclusively in helping clients sell their vans quickly and efficiently. It boasts a 7-step process for completing the sale and emphasizes a fast, hassle-free experience. While the core business focuses on buying vans from private and business owners, the website also offers insights and connections to reputable sellers within its network, catering to those looking to both sell and buy used vans. A seller's checklist outlines the documents needed for a successful transaction, and a newsletter section promises updates on van sales.

Financially, Online Force Ltd presents a mixed picture. Current assets have significantly decreased by 54%, dropping to £66,000, while net assets have plummeted to -£10,000—a substantial loss. Bank borrowings have also increased, and cash reserves have fallen considerably to just £4,600. Creditors decreased, suggesting better debt management, but the sharp decline in equity is concerning. 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 agile, but the financial pressures are evident. No auditor is mentioned, likely due to its small size and exemption from an audit.

The company’s focus on a niche market—van sales—and its online platform suggest a modern, adaptable business. However, the financial data indicates a company struggling to maintain profitability, and it’s unclear how long it can sustain this trend.

Registered in England/Wales under the registration number 12657845, with a registered address at SE16 2XB, England, Lower Road, London, Unit 39 St Olavs Court, City Business Center.

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