Sv2 Ldn Ltd
- Small
- Active
- 2 years
- £156 (revenue)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- 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
Sv2 Ldn Ltd is a small, active company based in London, UK, founded two years ago in 2022. It’s a solo-founded operation with one director and owner, operating an e-commerce site. The company’s real registered address is shared by a staggering 8759 other businesses, suggesting a virtual address. With a yearly revenue of just £156, it's a tiny operation.
The website, SV2 LDN, is clearly focused on fashion retail. It’s a vibrant online store with a wide range of clothing and accessories, from sweatshirts and hoodies to socks and ski masks. The site prominently features sales and discounts, encouraging visitors to "Shop now!" and subscribe to a newsletter for "the latest deals." The site is well-designed and easy to navigate, with clear product categories and high-quality images. It’s a modern e-commerce presence, aiming for a trendy, streetwear aesthetic.
Financially, Sv2 Ldn Ltd is showing some concerning trends. The company’s net assets are in the negative, sitting at -£990, and it’s operating at a loss of -£990. Turnover is extremely low at just £160, and cash reserves are non-existent. Bank borrowings are also at -£990. The lack of employees (zero reported) indicates a very lean operation, likely run by the founder alone. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.
While the e-commerce side appears active and well-designed, the financials reveal a company struggling to generate revenue and manage its expenses. The low turnover and negative equity suggest that Sv2 Ldn Ltd is burning through money, and it’s unclear whether it can sustain its operations in the long term. It’s a risky situation, but the company’s niche market and online presence could provide a lifeline if it can find a way to increase sales and control costs.
Registered in England/Wales under the registration number 14410464, with a registered address at EC1V 2NX, England, London, 124 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Nicely Shamari Runako
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Nicely Shamari Runako
- 2 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Certificate of change of nameDownload 3 pages pdf report
-
Confirmation statement made on 2024-10-26 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-10-31Download 9 pages pdf report
FAQ about Sv2 Ldn Ltd
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