Shopaholic & C Ltd

Shopaholic & C Ltd, based in London, UK, is a small, active company founded just three years ago in 2021. With a single employee and £60,315 in assets, it operates as a solo-founded e-commerce business with two directors and one owner. The company has a real registered address and is exempt from an audit, relying on unaudited financial statements.

The company’s website, Shopogolic, offers international parcel forwarding services, allowing customers to shop from various countries and have their purchases shipped worldwide. It provides unique forwarding addresses in seven countries, consolidates packages, and offers a range of additional services like shopping assistant support and order checks. The site caters to both individual shoppers and businesses, offering warehousing, packing, and fulfilment solutions. It even has a loyalty program and price comparison tools. The website is well-designed and clearly outlines its services, pricing, and partnerships.

Financially, Shopaholic & C Ltd shows a mixed picture. While cash bank on hand increased significantly to £37,000, current assets also rose to £60,000, trade debtors increased by a substantial 100% to £24,000, and creditors also increased to £32,000. Net assets, however, decreased to £28,000. The company’s average number of employees during the period also increased by 100% to two. The company meets two of three criteria to be considered small – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in debtors suggests potential challenges with customer payments, while the rise in creditors could indicate increased reliance on short-term financing. The significant increase in cash, however, is a positive sign. It’s clear that Shopaholic & C Ltd is navigating the typical pressures of a growing business, and its success hinges on maintaining its competitive pricing and excellent customer service.

Registered in England/Wales under the registration number 13616287, with a registered address at SE3 9EP, England, London, Flat 68 Wallace Court, 42 Tizzard Grove.

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