ONLINE COMMERCE LIMITED
Company number 04225647 · Monitor this company
Executive summary
Online Commerce Limited presents a terminal case of financial distress, with accumulated losses of £753,271 consuming virtually all reserves, cash declining 61% to just £22,508, and net assets collapsing 82% to £76,285. The business suffered an acute working capital crisis compounded by structural market decline in entertainment media and Brexit-related disruption to EU sales. Despite a strategic pivot to clothing sales, the company could not arrest its deteriorating financial condition and has since been dissolved. The final accounts explicitly acknowledge going concern uncertainties, confirming what the numbers clearly demonstrate – a business that could not survive its changing market conditions.
Shareholders' funds
-£753,271
Balance sheet as at 2022-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2001-05-31
- Dissolved
- 2026-08-01
- Registered office
- Office D, Beresford House, Town Quay, Southampton, SO14 2AQ
- Postcode
- SO14 2AQ
- Capital
- 287 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2022-03-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2023-05-31
Nature of business (SIC)
- 47910 Retail sale via mail order houses or via Internet
Officers 1 current · 11 resigned
Group structure 2 subsidiaries
-
DVD.CO.UK LIMITED Dissolved
-
WHOLESALE DIRECT LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| DVD.CO.UK LIMITED | 2008-08-12 |
Previous registered addresses 7
| Address | Changed on |
|---|---|
| UNIT 44 RISSINGTON BUSINESS PARK, UPPER RISSINGTON, CHELTENHAM, GLOUCESTERSHIRE, GL54 2QB | 2018-05-25 |
| UNIT 45 RISSINGTON BUSINESS PARK, UPPER RISSINGTON, CHELTENHAM, GLOUCESTERSHIRE, GL54 2QB | 2013-06-07 |
| C/O BROOKSTREET DES ROCHES, 1 DES ROCHES SQUARE WITAN WAY, WITNEY, OXFORDSHIRE OX28 4LF | 2007-08-20 |
| 1 WESTMINSTER WAY, OXFORD, OXFORDSHIRE OX2 0PZ | 2005-01-25 |
| 37 MARKET SQUARE, WITNEY, OXFORDSHIRE OX28 6RE | 2003-02-20 |
| MINMERE BARN, BUCKLAND ROAD, CHARNEY BASSETT, OXFORD OX12 OES | 2001-06-25 |
| 44 UPPER BELGRAVE ROAD, CLIFTON, BRISTOL BS8 2XN | 2001-06-06 |
The class of 2001
41%
of the 241 companies in this sector incorporated in 2001 are still active today; 55% have since been dissolved.
A fact about the year, not a forecast for this company.