Atlantis Caps Limited

Atlantis Caps Ltd from Bexley UK: a small, active company established thirteen years ago, employs one person, and holds £11,554 in assets. Operating from a virtual address and managed by a single director and owner, the company is an irregular importer of headgear and accessories, with just one month of imports recorded in 2023.

The company’s website, atlantisheadwear.com, showcases a vibrant, Italian-inspired business specializing in custom-made caps and headwear. It’s not a straightforward e-commerce site; instead, it functions as a digital showroom and resource hub. Visitors can explore a wide range of collections, from classic baseball caps to trendy bucket hats, and delve into the company’s commitment to sustainability, featuring eco-friendly materials and production processes. The site also offers a “Virtual Tour” of the company's facilities and a “Custom Made” section where clients can request bespoke designs. It’s a complex operation, blending retail, manufacturing, and consultancy services.

Financially, Atlantis Caps Ltd presents a mixed picture. Current assets have fallen by a significant 32%, dropping to £12,000, while net assets have plummeted 73% to just £820. Bank borrowings have remained stable at £10,000, but cash reserves have shrunk by 49%, leaving just £500. Creditors have also decreased slightly, suggesting some improvement in managing short-term debts. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the substantial drop in equity raises concerns. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

It seems the company is burning through money, with losses increasing and cash reserves dwindling. The website’s sophisticated design and focus on sustainability suggest an attempt to differentiate itself in a competitive market, but the financial data indicates a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 07946124, with a registered address at DA5 3AP, United Kingdom, Bexley, Kent, 19 Montpelier Avenue.

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