Outlet Prices Direct Group Ltd

Outlet Prices Direct Group Ltd, based in London, UK, is a small, active company founded three years ago. Despite a promising 5.0 Google rating from 132 reviews, the business is currently facing some financial and administrative challenges, with overdue accounts and confirmation statements. It employs just one person and operates from a virtual address shared by many other companies. Two directors and one owner, Kouassi Anderson Jean, are at the helm.

The company’s website is currently under major construction, but it hints at a retail operation selling gym supplements, ring doorbells, and electronics. It also appears to be operating an international arm, with a physical address listed in Hersden, England. Customers are offered a 5% discount on all phone and email orders until the site goes live, and 24/7 customer service is promised. The site also features an option to accept or decline cookies for website traffic analysis.

Financially, Outlet Prices Direct Group Ltd shows a mixed picture. Advances to directors have decreased significantly, from -£5,200 to -£5,100, and bank loans from directors have also fallen. However, accrued liabilities remain steady at £1,600. Trade debtors are substantial at £160,000, while creditors are £61,000. The company’s net assets are £66,000, and cash reserves are £62,000. The company’s small size—meeting two of three conditions for a small company—helps it stay agile, but the large amount of debtors could be a concern. The accounts were prepared by TaxSense Accountants Ltd, and the company is exempt from an audit.

Overall, Outlet Prices Direct Group Ltd appears to be a small business facing typical startup challenges. The website's construction suggests a focus on online sales, but the financial data indicates a need to manage debtors and maintain cash flow.

Registered in England/Wales under the registration number 13638888, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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