Shoppe Online Ltd

Shoppe Online Ltd from Romford UK: small company, active status, founded 4 years ago, 2 employees, real address, 1 director, 1 owner, solo founder, e-commerce site. It’s a small business, meeting two of three conditions to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company, incorporated on June 18, 2020, operates in the non-specialised wholesale trade and retail sale via mail order houses or via internet industries. Mughal Muhammad Javaid is both the director and owner, and the company has just two employees.

The company’s website, LampShopOnline, is a UK-leading online lighting supplier. The site is full of products, from LED panels and downlights to tubes and fittings, catering to both trade professionals and domestic customers. The site has a lot of categories, and even has a section for emergency lighting. It’s clear that the business is focused on selling lighting products online, with a strong emphasis on providing a wide selection and competitive pricing.

Financially, Shoppe Online Ltd’s numbers paint a mixed picture. While cash bank on hand increased by a substantial 71% to £1,200, net assets liabilities deepened to -£1,300. Loans from directors also increased by 17% to £4,800. Trade creditors decreased by 100% to zero. The company's property, plant, and equipment has decreased by 18% to £2,400. It seems like the business is managing its debts, but the decline in net assets is a concern. With no auditor mentioned, the unaudited accounts rely on director-reported data. It’s a small company, so it’s likely exempt from an audit. It’s hard to say if Shoppe Online Ltd is burning through money or just navigating the challenges of a startup—but it’s clear that the business is focused on selling lighting products online and building a strong online presence.

Registered in England/Wales under the registration number 12680755, with a registered address at RM6 6PR, England, Romford, 20-22 High Road.

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