Covetable Limited

Covetable Limited is a small, active company based in London, UK, founded eight years ago in May 2016. With four employees and £13,855 in assets, it operates from a real address and is overseen by four directors and two owners. The company's primary business is retail sale via mail order houses or via internet.

The company’s website, Covetable Limited, appears to be an e-commerce site, though details are scarce. It likely sells a range of products online, catering to customers seeking curated items. The site’s design and product selection would provide more insight into its target market and brand identity, but this information is not available.

Financially, Covetable Limited presents a mixed picture. Cash bank on hand increased by a healthy 26% to £5,400, a positive sign of improved liquidity. However, debtors surged by an astonishing 1,500% to £8,500, which could indicate difficulties in collecting payments or an aggressive expansion of credit terms. Creditors decreased by 33%, suggesting better management of short-term liabilities. Equity increased by 9%, a good sign, though net current assets remained at £12,000. 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 significant rise in debtors warrants attention. No auditor is mentioned, consistent with its status as a small, audit-exempt company. The accounts are abridged and unaudited.

Overall, Covetable Limited seems to be navigating a period of change. While cash flow improved, the spike in outstanding debts could pose a challenge. The company's future success hinges on its ability to manage its finances effectively and maintain a strong online presence.

Registered in England/Wales under the registration number 10172610, with a registered address at SW11 1EN, United Kingdom, London, 39 Buckmaster Road.

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