Eighty8 Ltd
- Small
- Active
- 15 years
- 32 employees
- £5,647,205 (assets)
- Real address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
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
Summary
Eighty8 Ltd from Derby UK: a small, active company founded 15 years ago, employs 32 people, and holds £5,647,205 in assets. It has a real address, is overseen by four directors, and owned by Thalmann Aaron Frank. The company regularly imports clothing and accessories made by knitting or crocheting (319 months) and exports clothing and accessories not knitted or crocheted (181 months).
The company operates an e-commerce site selling hemp products, CBD oils, and related accessories. The website features a wide range of products, including kratom, cannabis prerolls, disposable cartridges, extracts, edibles, and unique clothing collections. It also has a blog with articles on topics like Live Resin, Kratom benefits, and new product releases. Eighty8 boasts a presence in over 2,000 locations throughout Europe and actively promotes its products through online advertising and social media.
Financially, Eighty8 Ltd shows a mixed picture. Current assets increased by 12% to £5,600,000, while net assets grew by 17% to £4,200,000. Cash bank on hand also increased by 4.2% to £1,800,000. However, bank borrowings surged by 2,400% to £29,000, and creditors increased by 20% to £1,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increased borrowing suggests a need for careful cash flow management. The company’s unaudited accounts, which do not mention an auditor, rely on director-reported data. It seems that the company is burning through money. The company’s focus on premium products and European distribution suggests a strategy of high-margin sales, but the financial numbers indicate that it's a bit risky.
Registered in England/Wales under the registration number 06982640, with a registered address at DE21 4SZ, United Kingdom, Derby, Unit 3 Unit 3, The Parker Centre,, Mansfield Rd.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Thalmann Aaron Frank
- 8 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Thalmann Aaron Frank
- 15 years
- 21
-
Resident of United Kingdom
-
Individual
- Jones David Sam
- 15 years
- 3
-
Resident of United Kingdom
-
Individual
- Powell Rhydian
- 15 years
- 2
-
Resident of United Kingdom
-
Individual
- Keyte Adam Marcus
- 15 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Unaudited abridged accounts made up to 2024-06-30Download 12 pages pdf report
-
Confirmation statement made on 2024-08-05 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-06-30Download 12 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Eighty8 Ltd
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