Atelier Alanna Limited

Atelier Alanna Limited is a small, active company based in London, UK, founded three years ago in 2021. With just one employee and £39 in assets, it's a solo founder operation led by a single director and owner. The company operates from a virtual address, sharing space with 91,192 other businesses, and is involved in the manufacture of jewellery, retail of watches, and online sales.

The business's website details a focus on jewellery and watch sales, with a strong emphasis on specialised stores and online retail. It's a clear e-commerce operation, showcasing a range of products and aiming for a modern online shopping experience.

Financially, Atelier Alanna Limited presents a concerning picture. Cash bank on hand has plummeted by a significant 64%, falling to just £39. Net assets and liabilities have both decreased by 8.7%, settling at -£1,700. Trade creditors have also decreased by 12%, suggesting better debt management, but the sharp decline in cash and the negative equity are worrying signs. The company meets the criteria for being a small company, with turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to the company’s small size.

The company's reliance on a single employee and the minimal assets suggest a lean operation, but the negative equity and declining cash reserves indicate a potential struggle. It's possible the business is burning through money faster than it’s generating revenue, a common challenge for startups. The owner, Donkova Irena Plamenova, appears to be carrying the weight of the business, and it's unclear how sustainable this model is long term.

Registered in England/Wales under the registration number 13612291, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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