Profile Online Ltd

Profile Online Ltd is a small, active company based in Birmingham, UK, founded six years ago in 2018. It operates with a single employee and holds £28,109 in assets, though its registered address is likely a virtual one, shared by over fifty other companies. The company is owned by Singh Gurdip and Timana Kiann, and managed by Timana Kiann as the sole director.

The company's website showcases a diverse range of clothing and accessories, primarily targeting men. It operates as an e-commerce business, selling brands like Crosshatch, Smith Jones, and Born Rich through its online store. The site features a wide selection of hoodies, jeans, t-shirts, joggers, shorts, jackets, footwear, and accessories, often offering discounted prices—with a current sale offering items for just £9.99. The website also highlights a focus on summer looks and new stock arrivals, suggesting a seasonal sales strategy.

Financially, Profile Online Ltd’s recent report reveals some concerning trends. Cash reserves have fallen by a significant 74%, dropping to just £3,300, while net assets have also declined, now at -£11,000. Bank borrowings have increased, reaching £4,600, and current assets have decreased by 22% to £28,000. Despite these challenges, creditors have also decreased by 7.6%, suggesting some improvement in debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the figures are unaudited. The sharp decline in equity, however, warrants close attention, and it's possible the company is burning through cash faster than it's generating revenue.

Registered in England/Wales under the registration number 11344780, with a registered address at B3 1QS, United Kingdom, Birmingham, C/O Locke Williams Associates Llp Studio 2, 50-54 St Pauls Square.

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