Cinchona Technologies Ltd

  • In Administration
  • Small
  • 5 years
  • 14 employees
  • £4,572,906 (cur assets)
  • 1m-15m
  • Real address
  • No directors
  • 2 owners
  • Manchester
  • Rating 5.0 (1)

Field of Operation

Retail sale via mail order houses or via Internet
47910 211023 companies

Website

Social media

Summary

Cinchona Technologies Ltd, based in Abingdon, UK, is a small, active company founded four years ago in 2020. With fourteen employees and £4,572,906 in assets, it operates from a real address and is overseen by three directors and two owners. The company enjoys a perfect 5.0 Google rating based on one review.

The company’s website paints a picture of an “all-in-one incubator, accelerator and greenhouse” for ecommerce brands. It doesn't just acquire brands; it actively nurtures them, focusing on sustainable growth and a "sustainable living" ecosystem. The site highlights twelve "hero brands" and emphasizes its ability to scale brands across geographies and generations. It even offers a "Creative Cofounders Program" and a "New Adventure Program" for founders looking to prototype new products.

Financially, Cinchona Technologies Ltd shows some interesting trends. While the company’s net assets increased by 14%, to £7.2 million, its cash reserves grew by a more substantial 74%, reaching £86,000. However, administrative expenses remained constant at £2.3 million. Bank borrowings increased significantly, and creditors saw a dramatic rise, suggesting a need for more working capital. The company’s employee count increased by 43%, from fourteen to twenty, which could be a sign of expansion. It's worth noting that the company’s accumulated amortisation impairment of intangible assets grew to £4,100, which could reflect investments in brand development. The company is exempt from an audit, so the financial statements are unaudited.

The company’s focus on data-driven growth, as evidenced by its AMASIN platform, suggests a strategic approach to scaling brands. The growth in administrative expenses, however, could indicate increased operational costs associated with managing a growing portfolio of brands.

Registered in England/Wales under the registration number 13033890, with a registered address at M2 5NT, Manchester, C/O Kr8 Advisory Limited, The Lexicon, 10-12 Mount Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Owners & PSC

  • 5 years
  • 1
  • 25%+
  • 5 years
  • 2
  • 25%+

Managers

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Administrator's progress report
  2. Notice of deemed approval of proposals
  3. Statement of administrator's proposal

Cinchona Technologies Ltd controls

Owns & Controls

  • 4 years
  • 75%+
  • 4 years
  • 75%+
  • 5 years
  • 75%+
  • 5 years
  • 75%+

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