Shopping Planet Ltd

Shopping Planet Ltd is a small, active company based in Bolton, UK, founded just one year ago in May 2023. It operates in the retail sale via mail order houses or via internet industries, employing no staff and managed by a single director and owner, Saad Muhammad. The company’s registered address is a real address with only one other company registered there.

The business focuses on providing goody bags and sampling services for brand activation campaigns, working with large consumer exhibitions across the UK. Its website highlights a range of services, including experiential marketing, sponsorship, and branding campaigns, with a small and professional team boasting over 60 years of combined experience. They even have a blog featuring event updates and articles.

Financially, Shopping Planet Ltd’s numbers paint a picture of a very small startup still in its early stages. The company holds just £1 in share capital and has accumulated losses of -£110. Net assets are also negative at -£110. Bank borrowings are at £110, and cash reserves are non-existent. While the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, the negative equity and lack of cash raise questions about its long-term sustainability. No auditor is mentioned, and the accounts are described as “filleted,” meaning they are simplified due to the company's size. It's clear that while the business is active and focused on brand activation, it's currently operating on a very tight budget.

Registered in England/Wales under the registration number 14848480, with a registered address at BL1 3AS, England, Bolton, Unit 910, 1st Floor Nortex Business Centre, 105 Chorley Old Road.

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