Collection Pot Limited

Collection Pot Limited, a small holding company based in Northampton, UK, has been active since its founding eight years ago in 2017. Employing eleven people, the company holds £2,330,539 in assets and operates from a virtual address—a detail flagged by the presence of 133 other companies registered at the same location. Four directors manage the business, alongside one owner.

The company’s core activity revolves around retail sales via mail order and online platforms, facilitating group gifting and collecting money for occasions like birthdays, weddings, and retirements. Its website, Collection Pot, offers a user-friendly platform where users can create “Pots” for friends, family, or colleagues, allowing them to easily pool funds for gifts or experiences. The site provides options for free e-cards, customizable gift selections (including gift cards, flowers, and hampers), and secure payment processing.

Financially, Collection Pot Limited shows a mixed picture. While cash bank on hand increased significantly by 200% to £2.1 million, trade debtors decreased by a substantial 79% to £220,000, suggesting potential issues with collecting payments. Net assets, however, improved considerably, increasing by 460% to £240,000, and creditors decreased by 10% to £2.1 million. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in debtors could be a cause for concern. The company's financial statements are unaudited, as it is exempt from an audit.

The company’s reliance on a virtual address and the fluctuating financial figures—particularly the decrease in debtors—suggest a business that may be facing some challenges, though it is still showing signs of growth. The management team, with four directors, appears active, having changed the director list just nine days ago, which is a good sign.

Registered in England/Wales under the registration number 10554265, with a registered address at NN2 7AZ, United Kingdom, Northampton, 22-24 Harborough Road Kingsthorpe.

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