Clever Clogs Trading Limited

Clever Clogs Trading Limited, based in Surbiton, UK, is a small, active company founded thirteen years ago in 2011. With five employees and a virtual address (shared by 122 other companies), it’s a modest operation led by two directors and a single owner, Joanne O’Grady. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent activity spanning 45 months, with the latest import in June 2024—while occasionally exporting clothing and accessories (not knitted or crocheted), with just two months of export activity recorded as of October 2023. The company operates in the non-specialised wholesale trade industries.

The company’s website, though not actively promoted, suggests a focus on baby & kids products distribution. While the site itself isn’s very detailed, it does offer a glimpse into the company’s activities. It’s unclear if there’s an active e-commerce presence, but the company’s focus seems to be on wholesale distribution.

Financially, Clever Clogs Trading Limited presents a concerning picture. Net losses deepened significantly from -£260,000 to -£170,000, and cash reserves evaporated completely, dropping 100% to zero. Trade debtors remain at zero, but creditors have also fallen to zero. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the dramatic decline in equity and the lack of cash raise serious questions about its financial health. The company’s accounts are unaudited, likely due to its small size, so the figures rely on director-reported data.

The company’s financial data shows a worrying trend of decreasing assets and increasing liabilities. It's possible the company is facing challenges in managing its cash flow or has experienced a sudden drop in sales. The lack of cash reserves suggests the company may be struggling to meet its short-term obligations. It’s also possible that the company has been investing heavily in its business, which could explain the decline in equity.

Registered in England/Wales under the registration number 07876892, with a registered address at KT6 7AL, England, Surbiton, 308 Ewell Road.

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