Collaborate Global Ltd

Collaborate Global Ltd, based in Chichester, UK, is a small, family-run business with an active status, founded eight years ago in 2016. Employing twenty-seven people and holding assets of £2,845,522, it operates from a real address and is overseen by four directors and two owners. The company regularly imports clothing and accessories made by knitting or crocheting, with three months of import activity recorded. It also occasionally exports furniture, lighting, and prefabricated buildings, with two months of export activity.

The company’s website paints a picture of an experiential campaign agency. It focuses on creating original activations for ambitious brands, showcasing projects like fan zones, retail conferences, and gifting experiences. It also offers services like brand experiences and market research. The website includes a newsletter sign-up, and contact details for its UK, Middle East, and South African offices. It’s clear that Collaborate Global isn’s a retailer, but a service provider.

Financially, Collaborate Global Ltd’s recent performance is mixed. Cash bank on hand increased dramatically by 690%, reaching £920,000, which is a positive sign. However, net assets increased by a modest 140%, reaching £330,000. Creditors increased by 500%, to £2,800,000, and bank borrowings remained steady at £120,000. The company’s employee numbers have increased significantly, rising 80% to twenty-seven, which may have contributed to the rise in expenses. Trade debtors increased by a staggering 540%, to £1,400,000, which could indicate challenges in collecting payments. The company is small, meeting two of three conditions for that designation, and no auditor is mentioned.

Overall, Collaborate Global Ltd appears to be growing, but its increased debt and rising trade debtors suggest it might be burning through cash faster than it’s bringing it in. The increase in employees is a good sign, but the company will need to manage its finances carefully to sustain its growth.

Registered in England/Wales under the registration number 10224658, with a registered address at PO20 7PL, England, Chichester, Manor Barn Farms Selsey Road, Donnington.

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