Brick Caps Ltd

Brick Caps Ltd is a small, active company based in London, UK, founded three years ago in 2022. With just £2,157 in assets and a virtual address, it's a solo-founded operation run by a single director and owner, Samuel Tiller. The business operates an e-commerce site, Brick Caps, selling unique bike valve caps made from LEGO heads. The site offers a wide range of custom themes and boasts over 10,000 possible combinations. While primarily focused on online retail, it has dabbled in exporting machinery, boilers, and mechanical appliances, with one month of export activity recorded as of July 2024.

The company's website, Brick Caps, is a vibrant showcase of its product offering. It emphasizes creativity, personalization, and a playful aesthetic, appealing to cycling enthusiasts and LEGO fans alike. The site also features a blog with design inspiration and customer spotlights, fostering a sense of community. It even has a section for stockists, aiming to expand its reach beyond online sales.

Financially, Brick Caps Ltd shows some concerning trends. Net assets declined by 77%, falling to -£390, while cash reserves dropped 37% to £1,400. Bank borrowings remained steady at £1,800. Creditors decreased by 14% to £3,400, suggesting improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the significant equity decline is a red flag. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

The company is clearly focused on its niche market and customer satisfaction, but the financial pressures are evident. Whether it can sustain its growth and turn its creative product into a profitable business remains to be seen.

Registered in England/Wales under the registration number 13860354, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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