Variety Hub Ltd

Variety Hub Ltd, based in Romford, UK, is a small, active company founded just one year ago. It’s a solo venture, run by a single director and owner, Arshad Fraz, and employs just one person. The company holds £6,034 in assets and operates an e-commerce site selling a wide range of goods, from clothing and accessories to jewelry, kids’ items, and home & kitchen varieties. Its website showcases a diverse catalog, catering to different age groups and interests, and even includes a section for skincare and beauty products.

The business appears to be focused on online retail, with a strong emphasis on variety and convenience for customers. The site boasts a user-friendly interface and highlights free standard shipping within the U.S. for purchases over $99. It also actively promotes its presence on social media platforms like Facebook, Instagram, TikTok, and Pinterest, indicating a focus on digital marketing and customer engagement.

Financially, Variety Hub Ltd’s numbers paint a mixed picture. While the company’s assets remain relatively stable at £6,034, cash reserves have fallen considerably, and bank borrowings have increased. Creditors have also risen, suggesting a need to manage short-term liabilities. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the decline in equity raises some concerns. The unaudited figures, prepared using VT Final Accounts software, don’t mention an auditor, which is typical for small companies exempt from an audit. It seems the company is still finding its footing, but its diverse product range and online presence suggest potential for growth.

Registered in England/Wales under the registration number 14813420, with a registered address at RM1 1DA, England, Romford, 96 North Street.

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