Opulence Partners Ltd

Opulence Partners Ltd is a small, active company based in London, UK, founded four years ago in 2020. It holds £29,096 in assets and operates from a real address, managed by a single director and owner—a solo founder. The company is involved in retail sales via mail order and internet, and is 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 company’s website, Opulence Global, positions itself as a provider of financial advisory and consulting services. It supports Independent Financial Advisors (IFAs) by offering training programs, access to international financial products, and a comprehensive financial planning software. The website emphasizes a philosophy of "Walk together, grow together, and success together," aiming to empower individual advisors and consultants. It's focused on providing knowledge of financial business and a wide range of financial products and services from world class financial and insurance firms from all around the world.

Financially, Opulence Partners Ltd presents a mixed picture. Current assets remain steady at £29,000, however, net assets are negative at -£2,900, indicating accumulated losses. Cash on hand is a modest £3,500, while creditors stand at £32,000. Loans from directors are £9,900, and bank borrowings are not mentioned. The company's small size helps it stay nimble, but the negative equity is a concern. The accounts are "filleted" and unaudited, meaning they are exempt from a full audit and rely on director-reported data. There’s no auditor mentioned.

While the company's services appear well-defined and targeted toward IFAs, the financial data suggests a startup struggling to achieve profitability. The reliance on director loans and the negative equity raise questions about its long-term viability, but it’s important to note that these are early-stage challenges that many small businesses face.

Registered in England/Wales under the registration number 12943189, with a registered address at E6 2JT, England, London, 411a Barking Road.

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