Phoebus Apollo Ltd

Phoebus Apollo Ltd from London UK: small company, active status, founded 2 years ago, 1 employee, £19,778 assets, virtual address, 1 director, 4 owner, solo founder, e-commerce site. It’s a small business, meeting two of three conditions for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company was incorporated on November 11, 2022, and currently employs just one person. Its registered address is a virtual one, shared by over 10,000 other companies.

The business operates as an online store, Phoebus Apollo Online Store, selling lighting and audiovisual equipment. The website describes Phoebus as a collective of designers and engineers specializing in bespoke lighting, audiovisual, and home technology solutions. They focus on providing elegant, easy-to-use technologies that enhance the user experience. Quick links are provided for terms of service, refund policies, and privacy policies. The site also features payment options like American Express, Apple Pay, and Visa.

Financially, Phoebus Apollo Ltd presents a mixed picture. While current assets remain steady at £20,000, net assets are a modest £2,700. Cash on hand is £8,800, but the company has £8,500 in loans from directors. Creditors are £19,000, and trade debtors are £37,000. The most striking figure is the negative inventory value of -£48,000, which could indicate a write-down of existing stock or a change in inventory valuation methods. The accounts are unaudited and prepared under the small companies regime, so there's no external verification. The company's small size and solo founder status likely contribute to its agility, but the negative inventory and reliance on director loans suggest it's carefully managing its resources.

Registered in England/Wales under the registration number 14479216, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.

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