Timeless Charger Ltd

Timeless Charger Ltd from Gateshead UK: small company, holding company, active status, founded 6 years ago, 1 employee, £1,082 assets, real address, 1 director, 1 owner, 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, employees less than 50. The last reported current assets is £1,082. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website is not available, so it’s difficult to determine exactly what Timeless Charger Ltd does beyond its description as an e-commerce business. However, it’s likely focused on selling chargers and related accessories online, given its name. The lack of a visible website makes it hard to assess its marketing efforts or customer experience.

Financially, Timeless Charger Ltd presents a concerning picture. Cash bank on hand has plummeted by a staggering 91%, dropping to just £360. Creditors have also decreased significantly, by 97%, to £3,200. Current assets are down 99% to £1,100, and trade debtors have fallen 99% to £530. Equity is negative, at -£2,100, a 53% increase from the previous year. While other creditors have increased by 130%, and inventories remain stable, the overall trend points to a company struggling to manage its finances. The lack of employees and the absence of an auditor (likely due to its small size) further complicate the picture. It's clear that Timeless Charger Ltd is burning through cash and facing significant financial headwinds. The company’s small size, however, may allow it to adapt quickly, but its long-term viability remains uncertain.

Registered in England/Wales under the registration number 11659163, with a registered address at NE8 1RB, United Kingdom, Gateshead, 163 Alexandra Road.

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