Salsa Online Limited

Salsa Online Limited is a small, active company based in Warrington, UK, established seven years ago in October 2017. The company, with two employees and £17,995 in assets, operates from a real address and is led by two directors, including the solo founder, Ellman Sean Alex. It’s a private limited company registered in England/Wales with the registration number 11014291.

The company’s primary focus is providing online salsa dance classes and membership, offering a wide range of content for all levels, from beginner to advanced. The website, VIP Salsa Membership, showcases a comprehensive library of video lessons, styling classes, and live workshops, alongside a vibrant online community. The business model revolves around a 7-day free trial, followed by monthly or yearly subscription plans, with a lifetime access option also available. The website’s design and content strongly suggest an e-commerce focus, catering to a global audience of salsa enthusiasts.

Financially, Salsa Online Limited’s recent performance presents a mixed picture. While bank borrowings decreased by 16%, cash reserves grew by 21%, indicating improved liquidity. However, creditors increased significantly by 140%, and net assets declined sharply by 4100%, suggesting potential financial strain. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the substantial equity drop warrants closer scrutiny. Although the company is exempt from an audit, the unaudited figures provide a snapshot of its current situation. The company’s net current assets liabilities also decreased significantly by 410%. It's worth noting that the company’s revenue recognition policy relies on the transfer of ownership to the buyer.

Registered in England/Wales under the registration number 11014291, with a registered address at WA1 2RF, United Kingdom, Warrington, Cheshire, 88 Bridge Street.

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