Shope Ltd

Shope Ltd from Eastham UK is a small, active company founded four years ago in July 2020. With just £676 in assets, it’s a solo founder operation led by a single director and owner, Iqbal Khalid. The company’s status is active, and it operates from a real address at 8279 182-184 High Street North, London, E6 2JA.

Shope Ltd’s website paints a picture of a thriving online shopping platform, boasting a presence in Southeast Asia and Taiwan. It positions itself as a leading platform, offering a seamless and reliable shopping experience with guarantees, trustworthy sellers, and free listings. The site encourages users to choose their country or region and highlights features like Shopee Guarantee and free-for-all listings. It's clearly an ecommerce business, focusing on connecting buyers and sellers across multiple countries.

Financially, Shope Ltd’s picture is a bit concerning. While the company is small (meeting two of three criteria for a small company), its net assets are a negative -£220. Cash on hand is a meager £50, and bank borrowings are £700. Creditors have remained steady at £900, and trade debtors are £50. The company’s retained earnings and accumulated losses are also negative, at -£270. It’s important to note that these are unaudited figures, and the company is exempt from an audit as a small entity. The accounts were prepared using Taxfiler software.

It seems Shope Ltd is struggling to maintain a positive financial standing. The negative equity and low cash reserves suggest the company is burning through money, perhaps reinvesting heavily in its online platform. The lack of employees (zero reported) indicates a lean operation, but the financial strain raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 12770141, with a registered address at E6 2JA, England, Eastham, London, 8279 182-184 High Street North.

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