Bloom In Loom Ltd

Bloom In Loom Ltd is a small, active company based in London, UK, founded seven years ago in 2018. It’s a solo founder operation with one director and owner, Alev Ozturk, and holds £10,824 in assets. The company operates from a virtual address shared by 233 other businesses, indicating a potentially lean setup. It runs an e-commerce site specializing in bath and baby products, including towels, robes, and personalized gifts.

The website, bloomtheloom.com, showcases a range of high-quality cotton products, emphasizing sustainability and comfort. The brand focuses on elegant and cosy lifestyle products, with a particular emphasis on the "Minutiae" collection designed for babies and children. The site highlights AIR TOUCH products made from extralong staple cotton, and offers personalization options for hooded towels and bathrobes. The company's business is retail sale via mail order houses or via internet.

Financially, Bloom In Loom Ltd shows some interesting trends. Cash reserves increased significantly, jumping 230% to £5,100, which is good. However, net assets still sit at a negative £7,900, and net current assets are also negative at -£5,800. Creditors decreased by 31%, which is a positive sign of improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it stay nimble, but the negative equity suggests it’s burning through cash. There's no mention of an auditor, which is common for small, exempt companies. The accounts are abridged and unaudited.

Overall, Bloom In Loom Ltd appears to be a small e-commerce business facing the typical challenges of a startup. While the increase in cash reserves is encouraging, the negative equity indicates a need to carefully manage expenses and potentially explore new revenue streams.

Registered in England/Wales under the registration number 11303678, with a registered address at NW11 7PE, United Kingdom, London, 925 Finchley Road.

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