Empty Casket Ltd

Empty Casket Ltd, based in Bridgend, UK, is a small, active company founded nine years ago in 2015. With a single employee and £17,068 in assets, it’s a solo-founded operation run by a director and owner, Lucy Magill. The company’s real address is at Unit 1d Kingsway Buildings, Bridgend Industrial Estate – a location shared by just one other business. It regularly imports jewelry, precious stones, and metals, with six months of import activity recorded, the last in December 2023.

The company’s website, Empty Casket Jewellery, showcases a range of witchy jewellery and accessories, selling rings, necklaces, earrings, bracelets, and crystals. The site emphasizes independent craftsmanship and is based in South Wales. It’s clear that the company operates in the retail sale via mail order houses or via internet industries, and it's been around since 2010.

Financially, Empty Casket Ltd shows some concerning trends. Current assets have fallen by 40% to £17,000, while net assets have plummeted 46% to £16,000. Bank borrowings have disappeared completely, which is a positive, but cash reserves have also decreased by 45% to £14,000. Creditors have also fallen by 24%, which is good. 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 stay nimble, but the sharp equity drop raises questions. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Empty Casket Ltd appears to be facing some financial pressures. While its unique brand and online presence suggest a loyal customer base, the declining assets and equity raise concerns about its long-term sustainability. It's a small business, and it's hard to say if it's burning through money, but the trends aren't encouraging.

Registered in England/Wales under the registration number 09608131, with a registered address at CF31 3YH, Wales, Bridgend, Glamorgan, Unit 1d Kingsway Buildings, Bridgend Industrial Estate.

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