Daily Grind Official Ltd

Daily Grind Official Ltd is a small, active company based in Sutton Coldfield, UK, founded two years ago. It’s a solo venture, run by one director and owner, with a single employee and £13,184 in assets. The company operates from a virtual address – thirty-seven companies share the same location – and runs an e-commerce site.

The Daily Grind Store PH website showcases a vibrant collection of apparel, primarily tees, tops, and bottoms, alongside accessories and kids' clothing. It’s clearly focused on online retail, offering a wide range of designs and styles. The site also features a "Daily Grind Records" section, hinting at a broader creative focus, alongside sections for coffee shops and vinyl record spots. They also have two physical stores in Manila, Philippines.

Financially, Daily Grind Official Ltd presents a mixed picture. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net current assets are in the negative, sitting at -£1,000. Cash bank on hand is steady at £11,000, but trade creditors have increased to £8,200. It’s worth noting that the company’s equity is quite low at just £39, with retained earnings and accumulated losses contributing to this. The company’s trade debtors are also at a low £320. No auditor is mentioned, which is typical for small companies exempt from an audit.

Overall, Daily Grind Official Ltd appears to be navigating the challenges of a small e-commerce business. The company’s focus on retail and its diverse product range suggest a commitment to customer engagement, but the negative net current assets indicate a need for careful financial management. It's a small business, and it’s clear they are trying to keep costs low, but it’s a little concerning.

Registered in England/Wales under the registration number 14321587, with a registered address at B75 5BY, England, Sutton Coldfield, West Midlands, St James House, 65 Mere Green Road.

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