Cinnabar Limited

Cinnabar Limited is a small, active company founded 27 years ago in 1998, based in London. It employs five people and holds £126,472 in assets. With a real address and a single director and owner, Kitching Tracy Leigh, the company operates in the other business support service activities n.e.c. industries. It's a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 11 months of import activity recorded.

The company's website, Cinnabar Property, paints a different picture. It's a property investment management firm offering professional, long-term investment services, including commercial and residential property management, ground rent collection, and service charge administration. Located at Cinnabar Wharf in Wapping, London, it boasts a team of advisors and emphasizes expertise in property investment. The website also mentions a separate venture, Cinnabar Property Limited, registered in England with a different registration number.

Financially, Cinnabar Limited’s recent performance shows some concerning trends. Net assets have decreased by 33%, falling to £8,800, while bank borrowings have decreased by 30%, reaching £23,000. Cash reserves also declined by 8%, sitting at £48,000. Creditors have increased by 3.6%, and trade debtors remain constant. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity raises questions. The company’s accounts are unaudited and exempt, relying on director-reported data.

It appears Cinnabar Limited is facing some financial headwinds, despite its established presence and diverse business interests. The shift towards property investment management, as highlighted on its website, may indicate an attempt to diversify revenue streams and navigate the challenges in its core business.

Registered in England/Wales under the registration number 03522696, with a registered address at SW10 0LJ, 414 Kings Road, London.

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