Evolving Brands Ltd

Evolving Brands Ltd from Lancing UK is a small company with an active status, founded six years ago. It employs seven people and holds £101,578 in assets, operating from a virtual address. The company has two directors and two owners. It’s a regular importer of clothing and accessories, not knitted or crocheted, with four months of import activity recorded.

The company’s website highlights its focus on the lifestyle sector, working with valuable brands to build licensing partnerships. It operates as a London-based consultancy, offering a full-service resource for strategy planning, business development, and financial management. Evolving Brands positions itself as a provider of world-class service solutions, delivering innovative products and experiences that contribute to brand equity. It leverages its experience to deliver tailored consultancy, brand licensing, and franchising programs.

Financially, Evolving Brands Ltd shows some concerning trends. Cash reserves have fallen significantly by 54%, dropping to £98,000. Current assets have also decreased substantially, falling 64% to £100,000. Trade debtors have plummeted by an astonishing 95%, leaving just £270. On a brighter note, creditors have decreased by 47%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being considered small—helps with agility, but the significant decline in equity and net assets raises questions about its financial health. The lack of an auditor mentioned likely reflects its exemption as a small company, meaning the figures are unaudited.

While the consultancy appears to be actively pursuing licensing and franchising opportunities, the financial data suggests the company may be burning through cash. The decrease in assets and the increase in borrowings could indicate a need for additional investment or a shift in business strategy.

Registered in England/Wales under the registration number 11800547, with a registered address at BN15 8AF, England, Lancing, West Sussex, Office Ff10 Brooklands House, 58 Marlborough Road.

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