East & Poem Ltd
- Small
- Active
- 4 years
- £868 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
East & Poem Ltd is a small, active company based in Marlow, UK, founded four years ago in May 2020. It’s a solo founder operation with one director and owner, Payne Claire Louise, and holds £868 in assets. The company operates from a real address and is registered as a private limited company. Its primary business involves retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets.
The company’s website, East Poem, presents a clean, modern e-commerce platform. It features a range of products, although specifics aren't immediately clear, and encourages visitors to sign up for a newsletter to receive 10% off their first purchase. The site also includes a contact form and details of opening hours, suggesting a desire to engage with customers both online and in person. There’s a welcome message, and a section for featured products, but it’s not clear what the products are.
Financially, East & Poem Ltd has experienced a significant downturn. Current assets have plummeted by 96%, leaving just £870, and net assets have decreased by 10% to -£22,000. Operating profit loss has worsened, dropping from £4,000 to -£2,000. Trade debtors remain steady at £870, but creditors have decreased by 45% to £23,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The lack of employees (zero reported) suggests a very lean operation.
While the website looks professional, the financial data paints a picture of a business struggling. The sharp decline in assets and profitability, combined with a negative equity position, suggests East & Poem Ltd is burning through cash. It’s possible this is a temporary setback, perhaps due to increased competition or changing consumer trends, but without further information, it’s difficult to say for sure.
Registered in England/Wales under the registration number 12599695, with a registered address at SL7 3LX, England, Marlow, 9a Hill Farm Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Payne Claire Louise
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Payne Claire Louise
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-05-31Download 10 pages pdf report
-
Confirmation statement made on 2024-05-07 with no updatesDownload 3 pages pdf report
-
Micro company accounts made up to 2023-05-31Download 9 pages pdf report
FAQ about East & Poem Ltd
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