Pound Stop Ltd

Pound Stop Ltd from Barking UK: a small, active company founded four years ago, employs two people, and holds £5,752 in assets. It’s a solo-founder operation with one director and a real address, running an e-commerce site and boasting a 4.0 Google rating from 24 reviews.

The company operates in the retail sale via mail order houses or via internet, and the other retail sale in non-specialised stores. Its website showcases a wide range of products, from kitchen appliances and clothing to toiletries and garden supplies—a real online pound store, as it calls itself. The site is well-organized, with clear categories and a user-friendly search function, and offers free delivery on orders over a certain amount.

Financially, Pound Stop Ltd appears to be struggling. While it’s a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has taken a hit, dropping from -£8,800 to -£20,000. Creditors have also increased significantly, jumping 80% to £26,000. Cash on hand remains relatively stable at £5,800, but trade debtors have risen, suggesting potential issues with customer payments. The company’s net assets and liabilities are both -£20,000, which is not a good sign. It's important to note that the accounts are unaudited, and there's no mention of an auditor.

Despite the financial pressures, Pound Stop Ltd maintains a positive online presence with a good Google rating. The company's focus on discounted products and free delivery may be helping it attract customers, but its long-term sustainability will depend on improving its financial performance.

Registered in England/Wales under the registration number 13006118, with a registered address at IG11 9TS, England, Barking, 80 Wilmington Gardens.

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