Chive Inc Ltd

Chive Inc Ltd, based in London, UK, is a small, active company founded thirteen years ago in 2011. It has one employee, £539,993 in assets, and operates from a virtual address shared by thirteen other companies. The company is led by three directors and owned by Newgren Todd Andrew. It regularly imports glass and glassware (12 months), and irregularly exports ceramic products (2 months).

The company’s website, Chive UK, showcases a curated collection of modern and contemporary pottery, vases, and terrariums. It’s clearly an e-commerce business, selling directly to consumers through its website. The site features a wide range of products, including ceramic flowers, pots, vases, and terrariums, with a focus on unique designs and high-quality materials. The site also has a blog with tips and advice on plant care and home décor. It seems the company is trying to create a brand around stylish, modern plant accessories.

Financially, Chive Inc Ltd presents a mixed picture. Cash bank on hand remained steady at £420,000, but accrued liabilities decreased by 34% to £3,900. While the number of employees increased by a significant 100% to two, net assets declined by 12% to £17,000. Trade debtors remained consistent, but creditors decreased by 18%. Profit loss decreased by 120% to -£2,400. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the financial statements are unaudited.

It’s possible the increase in employees and decrease in profits are related to the company’s growth, but it would be good to see a more detailed breakdown of expenses. The virtual address raises a slight flag, but it’s common for small businesses to share office space. Overall, Chive Inc Ltd appears to be a niche e-commerce business with a focus on design and quality, but its financial performance warrants close monitoring.

Registered in England/Wales under the registration number 07780010, with a registered address at W3 7DA, London, England, Savoy House, Savoy Circus.

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