Zen World Limited

Zen World Limited, based in London, UK, is a small, active company founded eight years ago in 2016. With just one employee and £106,617 in assets, it operates from a virtual address shared by 549 other companies—a bit unusual, really. The company is led by a single director, Peachman Daniel, and surprisingly, has no registered owners. It runs an e-commerce site and regularly imports plastics and plastic products, with four months of import activity recorded, the last operation made in February 2021.

The website, Zen Herbs, focuses on health and wellness, selling immune system boosters, elderberry extracts, and saw palmetto capsules. It offers a "VIP" newsletter signup promising a discount on Amazon orders—a clever marketing tactic. The site lists a physical address in London, but it’s likely shared office space, given the high number of companies registered at the same location. The business operates in the retail sale via mail order houses or via internet industries.

Financially, Zen World Limited’s picture is a little mixed. Cash bank on hand increased by 55% to £67,000, which is good news, but creditors also rose by 43% to £110,000. Debtors have increased significantly, by 390% to £27,000, which could indicate a reliance on credit sales or delayed payments. Equity, however, has declined by 77% to -£1,400, a concerning trend. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the declining equity suggests it may be burning through cash. The accounts are audited by CohnReznick LLP, and the report states it is qualified.

Registered in England/Wales under the registration number 10359576, with a registered address at EC3V 3NG, England, London, International House, 36-38 Cornhill.

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