Productworld Ltd

Productworld Ltd is a small, active company based in London, UK, founded just two years ago in 2023. With a modest £100 in assets and a virtual address shared by over a thousand other companies, it’s a solo-founded operation run by a single director and owner, Muquith Nazmul. The business operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not directly linked to the report, suggests an e-commerce focus, likely selling products online. It’s difficult to ascertain the exact nature of their offerings without further investigation, but the report indicates a focus on retail sales.

Financially, Productworld Ltd presents a concerning picture. Net assets are a negative £2,700, indicating the company owes more than it owns. Cash reserves are a mere £100, and while creditors remain stable at £2,800, the negative equity is a significant red flag. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—but the lack of positive equity suggests it’s struggling to generate profit. There's no auditor mentioned, which is common for small, exempt companies.

It appears Productworld Ltd is facing financial headwinds. The negative equity suggests the company is burning through cash, and the limited assets provide little buffer against unexpected expenses. While the solo founder model can be efficient, it also means the business relies heavily on one person's efforts and resources. Whether Productworld Ltd can turn things around will depend on its ability to generate sales and manage its expenses effectively, but for now, the numbers paint a picture of a company in a precarious position.

Registered in England/Wales under the registration number 14588172, with a registered address at W1B 3HH, England, London, 3rd Floor Suite, 207 Regent Street.

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