12thirteen Ltd.

12thirteen Ltd is a small, active company based in Dunstable, UK, founded ten years ago in 2015. It holds just £536 in assets and operates from a real address shared by eight other companies. The company is run by one director and one owner, Corbett Gemma. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees.

The company’s website, 12thirteen Reasoned and Reasonable, focuses on providing reasoned and reasonable services, but details are scarce. The site directs potential clients to contact Randal Boutilier at randal12thirteen.com for a portfolio of their work, suggesting a focus on professional services or consultancy rather than direct sales. It's unclear what specific services they offer, but the name implies a thoughtful and measured approach.

Financially, 12thirteen Ltd is facing significant challenges. Cash reserves have plummeted 82%, dropping to just £540, while current assets have also declined sharply. Equity has suffered a dramatic 92% decrease, leaving just £60. Bank borrowings are non-existent, but net current assets and liabilities have swung from a positive £750 to a negative £1600—a worrying trend. Despite creditors decreasing slightly, the overall picture suggests a company struggling to maintain its financial footing. The lack of employees (zero reported) points to a very lean operation, and the unaudited accounts, exempt due to its small size, rely on director-reported data.

While the company is active and has been around for a decade, the recent financial data paints a concerning picture. It's burning through cash and facing a substantial equity deficit. Whether 12thirteen Ltd can recover from this downturn remains to be seen, but it will likely need to address its cash flow issues and find a way to boost its earnings.

Registered in England/Wales under the registration number 09433339, with a registered address at LU6 1TA, England, Dunstable, Beds, 28 West Street.

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