12 Baskets Ltd

12 Baskets Ltd is a small, active company based in London, UK, founded three years ago in August 5, 2021. It employs just one person and has a virtual address, registered at N1 7GU, England, London, 20-22 Wenlock Road. The company is run by one director and one owner, Izuka Uchechi Elizabeth.

The company operates in both retail sale via mail order houses or via internet, and the buying and selling of own real estate. Its website, 12basketsfoods.com, positions itself as a provider of “cool treats” and finger foods, serving customers in Abuja, Ikeja, Lagos Island, and Lekki. The site features a menu, gallery, and contact page, and encourages visitors to “place your order.” Chat with Us!

Financially, 12 Baskets Ltd appears to be struggling. While fixed assets increased by 21% to £22,000, net assets decreased by 33% to -£1,400. Bank borrowings are also up, and cash reserves are down, indicating a reliance on external funding. Creditors also increased by 29%, suggesting a need to manage debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the negative equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Registered in England/Wales under the registration number 13556315, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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