Shopick Wheel Ltd

Shopick Wheel Ltd from Gravesend UK: small company, active status, founded 6 years ago, 1 employee, £3,761 assets, real address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has been active since its incorporation on July 10, 5 years ago, and currently employs just one person. Its assets are modest, sitting at £3,761.

Shopick Wheel Ltd operates in the retail sale via mail order houses or via internet industries. However, the company’s website currently displays an error message: "Something went wrong. Wait a moment and try again." This suggests potential technical difficulties or a lack of ongoing maintenance of the online presence. It’s unclear if the company is actively engaged in e-commerce or if the website is merely a placeholder.

Financially, Shopick Wheel Ltd presents a mixed picture. While cash bank on hand increased by 46% to £920, current assets have decreased by 37% to just £3,800. Bank borrowings have decreased by 22% to £8,000, and creditors have also fallen by 22% to £8,000. The most concerning trend is the significant drop in equity, which has declined by 17% to -£4,900. Debtor’s are at zero, which is a big change from the previous year. The company’s small size allows for flexibility, but the negative equity suggests it’s burning through cash. There is no auditor mentioned, which is typical for small companies.

Registered in England/Wales under the registration number 11456914, with a registered address at DA12 5EU, England, Gravesend, Kent, 50 Thistledown.

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