Faktum Limited

Faktum Limited is a small, active company based in London, UK, founded five years ago in 2019. It holds £174,351 in assets and operates from a virtual address shared by thirty-two other companies, a detail that warrants further investigation. The company is run by two directors and two owners, with no employees reported. It operates an e-commerce site specializing in the retail of furniture, lighting, and similar products. Notably, it’s a regular importer of furniture, lighting, and prefabricated buildings, with ten months of import activity recorded, the last in December 2024.

The company’s website, Faktumonline.com, focuses on providing new doors and fronts for IKEA Faktum kitchen systems. It caters to customers who want to update their existing IKEA cabinets without replacing the entire system, offering a wide range of patterns and finishes. The site emphasizes premium quality, a perfect fit for original IKEA hinges, and delivery in flat packages. It serves primarily within the European Union and neighboring countries, with a separate website, Faktum.co.uk, for deliveries to the UK.

Financially, Faktum Limited presents a mixed picture. Cash bank on hand increased by 7.8% to £170,000, while current assets also grew by 7.6% to £170,000. However, accrued liabilities deferred income rose by 15%, and corporation tax payable increased by 14%. Trade debtors decreased significantly, by 18%, suggesting better collection practices. Net assets and liabilities also increased by 5.7%. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the rise in liabilities suggests it might be burning through cash a little faster than it’s bringing it in. No auditor is mentioned, which is typical for companies of this size.

Overall, Faktum Limited appears to be a niche e-commerce business with a focus on a specific product line and a loyal customer base. While the financials show some positive trends, the increase in liabilities warrants monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 12189201, with a registered address at W1H 2AG, England, London, Sweden House, 5 Upper Montagu Street.

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