Shop Inc Limited

Shop Inc Ltd, based in Leicester, UK, is a small, active company established sixteen years ago. With thirteen employees and £1,016,596 in assets, it operates as an e-commerce site, importing miscellaneous manufactured goods irregularly—just two months of imports were recorded, the last in 2016. The company has three directors and a single owner, Patel Jaymin Kiran, and is registered at a real address shared by only two other businesses.

The company's website, Shop Inc, offers a wide range of products, from stationery and party decorations to greeting cards and arts & crafts supplies. It caters to both retail and wholesale customers, with a focus on competitive pricing and fast delivery. The site’s extensive product categories—spanning school supplies, gifts, and more—suggest a broad appeal, and it offers a variety of payment methods.

Financially, Shop Inc Ltd presents a mixed picture. Current assets decreased by 8.6% to £1,000,000, while net assets increased by 2.7% to £490,000. Bank borrowings decreased by 29% to £25,000, and cash reserves fell significantly by 74% to £40,000. Creditors decreased by 74% to £28,000, which is a good sign. 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—and no auditor is mentioned, meaning the accounts are unaudited.

Despite the decrease in cash reserves, the reduction in creditors suggests improved debt management. The company’s irregular import activity and focus on e-commerce indicate a flexible business model, but the financial figures warrant close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 06838458, with a registered address at LE4 9HU, England, Leicester, 53 Wenlock Way.

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