Uk Online Deals Ltd

Uk Online Deals Ltd from Bradford UK is a small, active company founded three years ago. With just two employees and £9,589 in assets, it’s a modest operation generating £69,750 in yearly revenue. The company, owned and directed by Bi Nazia, operates a real address and functions as an e-commerce site.

The website showcases a wide range of products, from textiles and health beauty items to stationery and toys, catering to both retail and bulk buyers. It’s clear the company is aiming for a broad appeal, offering discounts and promotions to attract customers. The site's design is functional, prioritizing product listings and easy navigation over elaborate branding.

Financially, Uk Online Deals Ltd presents a mixed picture. While turnover increased by 24% to £70,000, net assets only grew slightly to £7,900. Cash reserves fell significantly by 44% to £660, and bank borrowings increased, suggesting the company is relying more on credit. Trade debtors have increased dramatically, indicating potential issues with customer payments. Administrative expenses have also risen sharply, a concerning trend for a small business. The company's small size (meeting two of three criteria for being a small company) allows it to remain agile, but the decline in cash and the rise in debt warrant closer attention. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

It seems Uk Online Deals Ltd is growing its revenue, but managing its cash flow effectively will be crucial for its long-term success. The increase in debt suggests the company may be reinvesting in its business, but careful monitoring of expenses and customer payments will be essential to avoid financial strain.

Registered in England/Wales under the registration number 13754259, with a registered address at BD15 7QX, United Kingdom, Bradford, Unit 1, Allerton Mills, Allerton Road, Allerton.

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