Unique Innovation2020 Ltd
- Small
- Active
- 4 years
- 1 employee
- £153 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Unique Innovation2020 Ltd is a private limited company registered in England/Wales with the registration number 12589429. The company was founded four years ago on May 06, 2020, and registered at E10 7LN, England, London, 190 Lea Bridge Road. The address is probably real as only one company registered at the same address. Its status is active. 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 website reveals a much broader scope than just retail. 2020 Innovation provides professional training, marketing, and compliance support for accountancy firms and their teams, with unrivalled member benefits. It's a one-stop shop for accountants, offering CPD training, technical expertise, and marketing support. The site is clearly geared towards serving the needs of accounting practices, with a strong emphasis on membership packages and a wide range of services. There's a lot of content dedicated to digital marketing, file reviews, and property sector advice. It's not a typical e-commerce site selling products; it's a platform for professional services.
Financially, Unique Innovation2020 Ltd is showing some concerning trends. While the company has £153 in current assets, net assets have declined significantly to -£4,200. Bank borrowings increased, and cash reserves fell. Although the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the sharp decline in equity raises questions. The company’s creditors also increased, suggesting a need to manage debt. With no auditor mentioned, the figures rely on unaudited statements. It’s a bit of a surprise to see such a negative equity position for a business that provides services—perhaps a sign of startup turbulence or a need to adjust its business model.
Registered in England/Wales under the registration number 12589429, with a registered address at E10 7LN, England, London, 190 Lea Bridge Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Parvez Junaid Ahmed
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Parvez Junaid Ahmed
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 5 pages pdf report
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Confirmation statement made on 2024-05-05 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-05-31Download 5 pages pdf report
FAQ about Unique Innovation2020 Ltd
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