Black Inc Ltd

Black Inc Ltd is a small, active company based in Potters Bar, UK, founded seven years ago in December 2017. Employing just two people, it operates from a real address and is overseen by two directors and owners. The company runs an e-commerce site specializing in high-end bicycle wheels and components. It’s an irregular importer, with its top import category being Edible Fruits and Nuts, totaling one month of imports, the last operation conducted on November 01, 2024. The company’s website, Black Inc, showcases a range of carbon wheels, handlebars, stems, and other cycling accessories, targeting serious cyclists and teams. It even features a blog with articles on wheel selection and product introductions.

The company’s activities span wholesale food, IT consultancy, business organization services, and even take-away food shops, suggesting a diverse range of interests. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Black Inc Ltd shows some interesting shifts. Cash reserves have skyrocketed by 1800%, reaching £21,000—a very positive sign. However, net assets have dramatically increased by -760%, now at £2,400, and bank borrowings have increased to £17,000. Creditors have decreased, which is good, but trade creditors have disappeared entirely. The company’s equity has seen a massive turnaround, increasing by -1100% to £2,400. The lack of employees (two reported) suggests a lean operation. With no auditor mentioned, the figures are unaudited.

Overall, Black Inc Ltd appears to be navigating a period of significant change. The substantial increase in cash reserves and the decrease in creditors are encouraging, but the large increase in bank borrowings and the dramatic shift in equity suggest the company may be burning through money to fuel growth.

Registered in England/Wales under the registration number 11093914, with a registered address at EN6 3PH, England, Potters Bar, 1 Arlingham House St. Albans Road, South Mimms.

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