Zoulnaa Limited

Zoulnaa Limited is a small, active company based in London, UK, founded five years ago in 2019. It operates as an e-commerce site with a virtual address and employs just one person. The company has two directors and one reported owner, Ragig Atif Idriss Koko.

The business appears to be involved in a variety of activities, including retail sales via the internet, combined office administrative services, private security, and other service activities. Its website showcases a wide range of affordable shoes and accessories, emphasizing free worldwide shipping, buyer protection, and secure payment methods. The site also highlights new arrivals and promotions, encouraging customers to register for updates.

Financially, Zoulnaa Limited presents a mixed picture. Cash bank on hand has fallen significantly by 55%, dropping to £360. Bank borrowings have decreased slightly, and creditors have also seen a decline. However, net assets and liabilities have increased by 10%, indicating a potential strain on the company’s equity. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the decrease in cash reserves and increase in net liabilities is something to watch. The accounts are described as “filleted” and unaudited, meaning they’re simplified and haven’t been reviewed by an external auditor.

While the e-commerce site seems to be operating smoothly with a focus on customer service and competitive pricing, the financial data suggests the company may be burning through cash. It’s possible the business is reinvesting in growth, but the trend warrants closer attention.

Registered in England/Wales under the registration number 12255637, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.

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