Ammonite Design Ltd

Ammonite Design Ltd, based in Chichester, UK, is a small, active company established ten years ago. Founded by a solo entrepreneur, Wigley Andrew Paul, it currently employs just one person and holds £26,938 in assets. The company operates from a virtual address, sharing space with nine other businesses, and is managed by a single director and owner. While it sporadically imports electrical machinery and equipment (last in 2022), it regularly exports iron or steel products (most recently in June 2024). The company’s website showcases a range of crochet kits, stitch markers, and accessories, alongside patterns and yarn tips, catering to craft enthusiasts.

The website, Blue Ammonite Designs, is clearly an e-commerce platform, selling handmade crochet and craft items. It features detailed product descriptions, high-quality images, and a user-friendly interface. The site also includes a blog with tips and tricks for crocheters, reinforcing the brand's expertise and community focus. It uses Shopify, and accepts a wide range of payment options.

Financially, Ammonite Design Ltd presents a mixed picture. Current assets have increased by 45% to £27,000, which is good, but net assets have plummeted 110% to -£22,000. Creditors have also risen significantly, up 20% to £80,000. Cash bank on hand has decreased by 11% to £9,100. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) means it’s likely exempt from an audit, so the figures are unaudited. The increase in creditors alongside the negative equity suggests the company is relying on credit to keep operating, and it's burning through money. While the e-commerce side appears active and well-reviewed, the financials reveal strain.

Registered in England/Wales under the registration number 09395386, with a registered address at PO20 0RS, England, Chichester, Unit 3 The Selsey Business Centre The Bridleway, Selsey.

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