Teknashop Ltd

Teknashop Ltd from London UK: small company, active status, founded 5 years ago, 1 employee, £1,381 assets, virtual address, 1 director, 1 owner, google rating 2.0 based on 2 reviews. 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. The last reported current assets is £1,381.

The company operates in the retail sale via mail order houses or via internet industries. Its website presents a vast catalogue of products, spanning from watches and sunglasses to home appliances, cosmetics, and even adult items. The site is available in multiple languages (Italian, English, French, Spanish) and supports various currencies, suggesting an international customer base. The sheer breadth of categories—ranging from animal supplies to computer hardware—indicates a “virtual department store” approach, aiming to capture diverse shopping needs. It's a bit confusing, to be honest, with so much on offer.

Financially, Teknashop Ltd appears to be struggling. Current assets have fallen by a significant 23%, dropping to just £1,400. Bank cash has also declined, shrinking by 12% to £1,300. Perhaps most concerning is the sharp increase in creditors, rising by 12% to £10,000—a sign that the company is relying more on borrowed funds to keep operating. Equity has also plummeted, with retained earnings and accumulated losses now at -£9,100. The company's single employee and minimal assets, combined with the virtual address (shared by 199 other companies), suggest a very lean operation, but the negative equity is a worry. There's no mention of an auditor, which is standard for small companies. It's hard to say what's going on, but the numbers aren't encouraging.

Registered in England/Wales under the registration number 12325785, with a registered address at W1G 7AJ, England, London, 41 Devonshire Street, Ground Floor.

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