Stripe Store Ltd

Stripe Store Ltd from Leeds UK: a small, active company founded three years ago, operates from a virtual address, and is led by a solo founder with one director and owner. It's an e-commerce site focused on retail sales via mail order and the internet.

The company, registered as 14024231, is a small entity, meeting two of the three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. While the business has a real registered address, forty-one companies share the same location, suggesting a virtual address. It’s currently active, with one director and owner, Ranby Thomas William.

The website, freewebstore.com, showcases a free ecommerce platform. It allows users to create online stores with tools for design, payment gateways (including Stripe and PayPal), and marketing. The site emphasizes ease of use, generative AI features for product descriptions and SEO, and a range of integrations with social media platforms and shipping providers. It’s clearly aimed at small businesses and entrepreneurs looking to establish an online presence without significant upfront investment. The platform boasts a wide range of apps and integrations, including KashFlow for accounting, and even offers support for ApplePay.

Financially, Stripe Store Ltd presents a mixed picture. While it holds £22,000 in cash, its net assets are a modest £5,800. Bank borrowings are a small £1,900, and trade debtors are £15,000. Creditors are £17,000. Depreciation on computer equipment has remained constant at £400, and additions have also stayed at £1,200. The lack of employees (zero reported) suggests a lean operation, and the absence of an auditor—likely due to its small size—means the figures are unaudited.

The company’s financial data reveals a small business, possibly burning through cash as it invests in its platform. The reliance on free services and integrations—like Stripe and PayPal—indicates a cost-conscious approach. While the e-commerce platform appears active and well-integrated, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 14024231, with a registered address at LS1 4DJ, England, Leeds, 20-22 Bridge End.

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