Demon London Limited

Demon London Limited is a small, active company based in Croydon, UK, founded four years ago in 2020. With just £2,564 in assets and a virtual address shared by sixty-four other companies, it’s a lean operation managed by one director and two owners. The company operates in the other service activities n.e.c. industries, and is an irregular importer, with its top import category being Clothing and accessories made by knitting or crocheting, totaling 1 months of imports. The last import operation was conducted on July 01, 2022.

The company’s website, London Cocktail Week, is dedicated to promoting the annual London Cocktail Week festival. The site offers information about the festival, including participating bars, events, and suggested routes for Cocktail Tours. It also provides press information, image galleries, and contact details for guests and partners. The website clearly focuses on showcasing the festival and attracting attendees.

Financially, Demon London Limited presents a mixed picture. Cash bank on hand remained steady at £1,300, but current assets dropped by 16% to £2,600. Debtors increased significantly by 39%, reaching £1,200, while accrued liabilities decreased by 52% to £600. Equity, however, remains negative at -£23,000, suggesting the company is burning through cash. Bank borrowings increased by 11% to £4,100, and other creditors rose by 120% to £240. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the figures are unaudited.

Overall, Demon London Limited appears to be struggling financially, with negative equity and increasing debt. However, the focus on London Cocktail Week suggests a potential revenue stream, and the company’s small size allows for agility. Whether it can turn things around remains to be seen.

Registered in England/Wales under the registration number 12769187, with a registered address at CR0 1BJ, England, Croydon, 131 South End, C/O Aczone Consultants Ltd.

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