Shopino Ltd

Shopino Ltd from Brigg UK is a small, active company founded six years ago. It holds £9,804 in assets and operates from a real address. The company, led by a single director and owner (solo founder Dagys Tomas), is registered as a private limited company with the number 11377830. It’s a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s activities center around retail sale via mail order houses or via internet. It has previously been known as Toda Recruitment Ltd and Extra Staff Recruitment Ltd.

Shopino Ltd’s website, while minimal, points to a focus on international trade. The site references registration with the Georgian National Agency of Public Registry, suggesting potential export activities. It’s unclear if the website is actively used for e-commerce or primarily serves as a registration portal, but the presence of international references hints at a broader scope than just domestic retail.

Financially, Shopino Ltd presents a mixed picture. Current assets have plummeted by 71% to just £9,800, while bank borrowings have decreased by 22% to £37,000. Cash reserves have evaporated completely, dropping 100% to just £12. Creditors have also decreased significantly, falling 94% to £860. Trade debtors, however, have skyrocketed by 26,000%, reaching £9,800 – a dramatic shift that could indicate difficulties in collecting payments or a sudden increase in credit sales. Equity has also declined, dropping to -£29,000. The company is exempt from an audit, so the figures are unaudited.

While the company's small size allows for agility, the sharp decline in assets and cash reserves raises concerns. The sudden increase in debtors suggests potential cash flow issues, and the negative equity indicates the company is burning through money. The lack of employees (zero reported) points to a lean operation, but it also limits the company's ability to scale. It’s possible that the company is experiencing a period of rapid growth and investment, but the financial data suggests a need for careful management to avoid a crisis.

Registered in England/Wales under the registration number 11377830, with a registered address at DN20 8DE, England, Brigg, 7 Ohanlon Avenue.

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