Xyz Sales Limited

Xyz Sales Limited, based in Oldham, UK, is a small, active company founded five years ago in 2020. It’s a solo-founded operation with a real address, one director, and one owner. The company holds £672 in assets and operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not fully developed, indicates a focus on online retail. It’s unclear if they have a fully functional e-commerce platform, but the description suggests a focus on online sales. The company's associated website details a retail focus, and it's likely they are selling goods directly to consumers through an online store.

Financially, Xyz Sales Limited presents a concerning picture. Current assets have plummeted by a staggering 78%, dropping to just £670. Bank borrowings have increased, and cash reserves are down significantly. Creditors have also increased, and net assets are in the negative. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may offer some flexibility, but the sharp decline in equity and cash is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s financial situation suggests it may be struggling to maintain a healthy cash flow. While the online retail sector can be lucrative, Xyz Sales Limited appears to be facing challenges. It's likely they are burning through money faster than they are bringing it in, and the lack of a robust financial cushion is a worrying sign.

Registered in England/Wales under the registration number 12387913, with a registered address at OL9 9UA, England, Oldham, 10 Sprucewood, Chadderton.

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