Acid Running Limited

Acid Running Limited is a small, active company based in London, UK, founded four years ago in 2021. With a real address and six directors overseeing operations, the company employs just one person and holds £186,797 in assets. It operates an e-commerce site and regularly imports clothing and accessories made by knitting or crocheting, with four months of import activity recorded.

The company's website showcases a range of athletic apparel and accessories, collaborating with brands like Percival to create limited-edition collections. It also features a blog section with thought-provoking content on topics like time, mythology, and running, adding a unique and philosophical dimension to its brand identity. The website emphasizes free shipping over £100 and highlights customer reviews, reinforcing its commitment to quality and service.

Financially, Acid Running Limited’s latest report shows some concerning trends. While current assets increased by 99% to £190,000, net assets actually decreased by 100% to -£200,000. Bank borrowings have also increased significantly. Creditors have risen sharply, and cash reserves fell. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like Acid Running is growing its business, but is also burning through cash at a rapid pace. The philosophical blog content and brand collaborations suggest a desire to differentiate itself, but the financial pressures need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 13396463, with a registered address at SE1 1EU, England, London, Ground Floor, 56 Ayres Street.

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