Phone Mine Ltd

Phone Mine Ltd, based in London, UK, is a small, active company founded five years ago. It’s a solo venture, run by a single director and owner, Kalam Shahriyar, and boasts £28,162 in assets. The company operates in the retail sale via mail order houses or via internet industries.

While Phone Mine Ltd’s website doesn’t offer much detail about its specific products or services, it’s clear the company is focused on online retail. The company is a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Phone Mine Ltd presents a mixed picture. Cash reserves have fallen by 1.7% to £3,200, while bank borrowings have decreased by 19% to £28,000. Creditors have also fallen by 19% to £28,000, suggesting improved debt management. However, the company’s equity has seen a significant boost, increasing by 170% to £180, with retained earnings accumulating losses. The company’s fixed assets have decreased by 50% to £140. With no auditor mentioned, the figures are unaudited.

The company’s financial data suggests a period of adjustment. While cash reserves are low, the increase in equity is a positive sign. It’s likely the company is reinvesting profits back into the business, aiming for long-term growth in the competitive online retail landscape.

Registered in England/Wales under the registration number 12196142, with a registered address at E12 5AD, United Kingdom, London, Vantage Business Centre 611a, Romford Road.

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