Zz5 Ltd

ZZ5 Ltd is a small, active company based in London, UK, founded eleven years ago in 2013. It employs just one person and holds assets valued at £3,260,164. The company, owned and directed by Minerva Guido, operates as a solo founder venture, with a real address registered at Balfour House in Finchley. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

ZZ5 Ltd's primary function is wholesale of household goods, but its website reveals a much broader operation. It acts as a distributor for luxury technology brands, including DeLonghi, Braun, and Dyson, offering a wide range of products from coffee machines and electric razors to vacuum cleaners and hair dryers. The website functions as an online catalogue, allowing customers to browse and contact the company for full details. It doesn's appear to be a fully functioning e-commerce site, but rather a platform for showcasing products and generating leads.

Financially, ZZ5 Ltd presents a mixed picture. While current assets increased by 24% to £3.3 million, equity has grown significantly, jumping 640% to £92,000. However, trade debtors have fallen sharply, dropping 52% to £1.1 million, suggesting potential issues with customer payments. Bank borrowings have also increased, rising by 2,400% to £29,000. Creditors have increased by 190% to £1.7 million. The company’s irregular import history—just one month of electrical machinery and equipment imports recorded in 2020—suggests a sporadic supply chain. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, ZZ5 Ltd seems to be navigating a period of growth, but the significant changes in debt and receivables warrant closer attention. The company's focus on high-end brands and its role as a distributor, rather than a direct retailer, suggests a business model reliant on strong supplier relationships and effective salesmanship.

Registered in England/Wales under the registration number 08645054, with a registered address at N12 0BP, London, 1st Floor - Balfour House 741 High Road, Finchley.

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