Winthisnow Competitions Ltd

Winthisnow Competitions Ltd, based in Cheltenham, UK, is a small, active company founded just one year ago. It holds £27,656 in assets and operates from a virtual address, registered at Northfield House Shurdington Road. The company is managed by three directors and owned by three individuals, though the list of owners may not be exhaustive.

The company operates in the retail sale via mail order houses or via internet, and also in the amusement and recreation activities industries. Its website showcases a series of daily giveaways and instant win competitions, offering prizes ranging from cash to electronics and even a full-suspension e-bike. The site encourages participation through postal entries and boasts a live draw on Facebook, aiming to attract a large following. It’s a clear-cut ecommerce operation, designed to generate revenue through ticket sales.

Financially, Winthisnow Competitions Ltd appears to be in a stable position, though a deeper dive is needed. Current assets are reported at £27,656, and the company’s small size (meeting two of three conditions for a small company) helps it remain agile. However, the virtual address, shared by 167 other companies, raises a flag. While not inherently problematic, it warrants further scrutiny. The lack of employees reported is also notable, suggesting a lean operation, and no auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The company’s focus on online competitions and instant wins seems to be a deliberate strategy to attract a wide audience and generate quick revenue. However, the reliance on a virtual address and the lack of employee data could indicate a limited scale of operations. It's a young company, and its future success will depend on its ability to maintain engagement and manage its finances effectively.

Registered in England/Wales under the registration number 15269493, with a registered address at GL51 4UA, United Kingdom, Cheltenham, Gloucestershire, Northfield House Shurdington Road, Bentham.

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