Thecoopermarket Ltd

Thecoopermarket Ltd from Wolverhampton UK is a small, active company founded just one year ago. It employs a single person and holds £892 in assets, operating from a virtual address shared by forty-one other companies. The business is led by one director and has two owners, and it runs an e-commerce site. 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, and fewer than 50 employees.

Thecoopermarket Ltd operates in the retail sale via mail order houses or via internet industries. Its website, though currently unavailable for review, likely focuses on online retail. The company’s name suggests a cooperative model, though the specifics of its structure aren’s immediately clear.

Financially, Thecoopermarket Ltd presents a mixed picture. Current assets are a modest £890, and net assets are a negative £2,800. Cash on hand is £630, and bank borrowings are £0. Creditors are £3,600, and trade debtors are a mere £13. The company’s retained earnings and accumulated losses are a negative £2,800. The lack of employees (one reported) and the absence of an auditor (likely exempt as a small company) means the figures are unaudited.

While the company’s small size offers agility, the negative equity suggests it’s burning through money. The reliance on creditors to cover expenses is also a concern. It's possible the business is in its early stages, still building its customer base and refining its operations. The two owners and director, Laura Cooper, will need to carefully manage expenses and drive sales to ensure long-term viability.

Registered in England/Wales under the registration number 14852116, with a registered address at WV9 5HD, United Kingdom, Wolverhampton, West Midlands, 8 Pendeford Place, Pendeford Business Park.

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