Thriftyland Ltd

Thriftyland Ltd is a small, active company based in London, UK, founded two years ago in May 2022. It operates with a single employee and holds £79,694 in assets. The business, led by a single director and owner, utilizes a virtual address shared by 8741 other companies. As a solo founder, Radu Lavinia Gabriela manages both the company’s operations and its sole directorship. Thriftyland Ltd primarily imports various textile products, sets, used clothing, and rags, with irregular import activity spanning one month, the last operation taking place in February 2025. The company’s business model involves retail sale via mail order houses or via internet.

The company’s website, while not detailed, suggests a focus on online retail, likely through an e-commerce platform. There is no clear indication of a physical storefront or extensive product catalog, but the focus appears to be on offering goods directly to consumers online.

Financially, Thriftyland Ltd shows some positive trends. Cash bank on hand increased significantly by 390% to £36,000, and net assets rose by 120% to £60,000. Current assets also saw a healthy increase of 130% to £80,000. However, creditors also increased by 150% to £20,000, which could indicate increased reliance on short-term financing. The company's small size—meeting two of three criteria for being classified as small—allows for flexibility, but the increase in creditors warrants monitoring. The company’s property, plant, and equipment decreased by 50%, which could be due to depreciation or asset sales. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Thriftyland Ltd appears to be financially stable, with growing assets and cash reserves. However, the increase in creditors suggests a need to manage short-term liabilities carefully.

Registered in England/Wales under the registration number 14088899, 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.