Shopstyle Uk Limited
- Small
- Holding
- Active
- 8 years
- 12 employees
- £804,908 (assets)
- Virtual address
- 2 directors
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Shopstyle Uk Limited is a small holding company based in London, UK, with an active status. Founded eight years ago in 2017, the company employs twelve people and holds £804,908 in assets. It operates an e-commerce site and has two directors and one owner. The registered address is a virtual one, with 271 other companies registered at the same location.
Shopstyle Uk Limited functions as a holding company, facilitating retail sales through online channels. Its website showcases a vast selection of clothing, shoes, bags, and accessories from various brands, catering to a wide range of styles and budgets. The site also offers beauty products and fashion inspiration, creating a comprehensive online shopping experience. The company's operations are driven by Rakuten Group Inc, who own the company. Down Coulson Adrienne and Patel Amit are the current directors.
Financially, Shopstyle Uk Limited presents a mixed picture. While current assets remain at £800,000, they’ve seen a 81% drop from the previous year. Cash reserves have also significantly decreased by 81%, falling to £790,000. On the positive side, equity has increased by 24%, reaching £440,000. However, amounts owed to group undertakings have seen a dramatic decrease of 95%, dropping to £180,000. The company’s small size—meeting two of three conditions for being a small company—allows for agility, but the decline in cash reserves warrants attention. The company is audited, and Primera Accountants Limited is the auditor.
The decrease in cash reserves could be due to increased operating expenses or investments in the e-commerce platform. The company’s reliance on Rakuten Group Inc for funding may also influence its financial performance. It's likely the company is burning through money like a startup.
Registered in England/Wales under the registration number 10587704, with a registered address at WC2R 0EX, United Kingdom, London, 7 Savoy Court.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Rakuten Group Inc
- 8 years
- 2
- 75%+
-
Resident of Japan
Managers
-
Individual
- Down Coulson Adrienne
- 4 years
-
Resident of United States
-
Individual
- Patel Amit
- 7 years
-
Resident of United States
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-01-26 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2023-12-31Download 9 pages pdf report
-
Change of details for Rakuten, Inc. as a person with significant control on 2021-04-01Download 2 pages pdf report
FAQ about Shopstyle Uk Limited
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