Sneakerville Ltd

Sneakerville Ltd is a small, active company based in London, UK, founded four years ago. With just two employees and £1 in assets, it operates as a solo-founder e-commerce site with a virtual address – a common setup for smaller online businesses. The company is managed by one director and owner, Ahmed Farhana, and registered at an address shared by 6850 other companies, suggesting a virtual office space. It’s incorporated under the Companies Act 2006 and is a private limited company.

The company’s website, www.sneakerville.co.uk, is a vibrant online retailer specializing in streetwear and exclusive limited-edition items. It offers a wide range of brands, including Supreme, Nike, Adidas Yeezy, and KAWS, catering to fashion-conscious consumers. The site prominently features sales and promotions, encouraging purchases with codes like "OFF10" and accepting various payment options like Klarna, Google Pay, and Apple Pay. It's clear that Sneakerville is focused on delivering a modern, user-friendly e-commerce experience.

Financially, SneakerVille Ltd’s report paints a picture of a company struggling to gain traction. Net assets have plummeted to -£6,800, a significant drop from -£6,000 the previous year. Bank borrowings and creditors have also increased by 14%, reaching £6,800, while current assets remain incredibly low at just £1. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of employees (just two reported) and the absence of an auditor (likely exempt as a small company) mean the figures are unaudited.

While the website appears active and well-stocked, the financials suggest Sneakerville is burning through money. The low asset base and increasing debt raise concerns about its long-term viability, but the company's focus on exclusive brands and a strong online presence could still offer a path to success.

Registered in England/Wales under the registration number 13282071, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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