Breathe International Ltd

Breathe International Ltd is a small, active company based in London, UK, founded six years ago in 2018. It employs four people and holds £2,285,680 in assets. The company has two directors and one owner, Watson Sam. It operates from a real address and is registered as a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s activities are varied. It’s an irregular importer, primarily dealing in essential oils and perfumes, with just one month of import activity recorded as of September 2020. However, it’s a regular exporter, specializing in electrical machinery and equipment, with three months of export activity as of November 2022. The company’s website is currently undergoing an upgrade, focusing on providing care packs for widows and orphans in Kenya, as well as leadership training for rural pastors. It's looking for 25 or more partners to commit a minimum of £25 per month to support these initiatives.

Financially, Breathe International Ltd shows some concerning trends. Accumulated depreciation impairment for property, plant, and equipment increased by 24%, while cash bank on hand plummeted 86% to £50,000. Creditors have risen significantly, increasing by 6.9% to £5 million. Equity has also taken a hit, dropping 51% to -£2.6 million. While investments have increased by 23%, the overall picture suggests the company is burning through cash. The lack of an auditor (likely exempt as a small company) means these figures are unaudited.

Despite these challenges, Breathe International Ltd appears to be pivoting towards a mission-driven model, focusing on charitable work in Kenya. Whether this shift will be enough to stabilize its finances remains to be seen, but the company’s dedication to its new purpose is evident.

Registered in England/Wales under the registration number 11539325, with a registered address at W10 5AD, England, London, 332 Ladbroke Grove.

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