Ukfulldepo Ltd

Ukfulldepo Ltd from London UK: small company, active status, founded 1 year ago, real address, 1 director, 1 owner, solo founder, google rating 5.0 based on 2 reviews. It’s a small business, meeting two of three conditions for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company, incorporated on May 19, 2023, operates from a real address at Flat 1 16a Morning Lane, E9 6NA, London – a location shared by only two other companies. Balli Kenan is both the director and owner of Ukfulldepo Ltd, and the business has a perfect 5.0-star rating on Google based on just two reviews.

Ukfulldepo Ltd’s website isn’t readily available, making it difficult to ascertain its exact operations. However, the company description indicates involvement in a diverse range of activities: retail sales via mail order and internet, warehousing and storage, transportation support, and even take-away food shops. This suggests a multifaceted business model, possibly involving logistics and food services alongside its core retail operations. It's likely an e-commerce business, but without a website, it’s hard to confirm.

Financially, Ukfulldepo Ltd presents a concerning picture. While it’s a small company, the numbers aren’t encouraging. Net assets and liabilities both stand at -£140,000, indicating a significant deficit. Cash reserves are virtually depleted, and bank borrowings have reached £150,000. Trade debtors are also negative at -£20,000, which is unusual and could signal difficulties collecting payments. On a more positive note, creditors have decreased slightly, suggesting some improvement in managing short-term debts. The company's lack of employees (zero reported) points to a lean operation, but the substantial losses raise serious questions about its long-term viability. As a small company, it’s exempt from an audit, so the figures are unaudited. It’s likely the company is burning through money, but without more information, it’s hard to say why.

Registered in England/Wales under the registration number 14880061, with a registered address at E9 6NA, England, London, Flat 1 16a Morning Lane.

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