Smartdealz Ltd

Smartdealz Ltd from Oldham UK: a small, active company founded three years ago, employs a single person, and holds £38,258 in assets. It’s a solo founder operation with one director and owner, Haq Abdul, and operates an e-commerce site. The company’s real address is at 40 Hurstwood Close, registered with only one other company, suggesting a genuine location. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Smartdealz Ltd operates in the retail sale via mail order houses or via internet industries. It’s a small business, but it’s doing alright. The website itself is not available, so it's hard to say exactly what they are selling, but the business is clearly focused on online retail.

Financially, Smartdealz Ltd has seen some changes. Cash reserves have fallen by a significant 61%, dropping to just £2,400. Creditors have increased by 42%, reaching £34,000, while equity has also declined by 42%, settling at £4,400. There's also a bit of debt outstanding, with £820 in debtors. Interestingly, the company's depreciation charges have increased slightly, though not dramatically. The company is not audited, but it is exempt as a small company. It’s a little concerning that the company is burning through cash, but the increase in creditors suggests they are managing their debts. It’s a little unclear why the company is losing money, but it’s likely due to increased costs or decreased sales.

Registered in England/Wales under the registration number 13637186, with a registered address at OL8 2XL, United Kingdom, Oldham, Lancashire, 40 Hurstwood Close.

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