Etherin Limited

Etherin Limited, based in Burnham-On-Crouch, UK, is a small, active company founded six years ago in 2018. It employs just one person and holds £100 in assets, operating from a virtual address shared by 224 other companies. Led by a single director and owner, Nicolo Roberto Francesco, the company is a solo founder operation. It irregularly imports furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of January 2022.

The company’s website, Etherin Objects, showcases a unique blend of artisanal tradition and sustainable technology. It positions itself as a purveyor of “worldly blended beauty,” emphasizing handcrafted objects made by artisans from around the globe. The website highlights the use of energy-efficient components, recyclable materials, and free and fair supply chains, appealing to environmentally conscious consumers. It’s a business that seems to be focused on design and high-quality materials.

Financially, Etherin Limited presents a concerning picture. Current assets have fallen dramatically, dropping 69% to just £100. Net assets also took a hit, declining 5.7% to -£22,000. Bank borrowings have increased to £280, and cash reserves are completely depleted. While creditors have remained relatively stable, the overall trend suggests the company is burning through cash. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The company’s reliance on irregular imports and the significant losses suggest it’s facing challenges. Whether it can sustain its focus on high-end design and ethical sourcing while navigating these financial pressures remains to be seen.

Registered in England/Wales under the registration number 11570973, with a registered address at CM0 8LT, United Kingdom, Burnham-On-Crouch, Essex, 9a Wick Road Business Park, Wick Road.

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