Feel Good Promotions Ltd

Feel Good Promotions Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded fifteen years ago in 2010. It’s a solo founder operation with one director and one employee, holding £23,243 in assets and operating from a real address. The company is a irregular importer, with its top import category being Essential oils and perfumes, totaling 1 months of imports. The last import operation was conducted on August 01, 2022.

The company’s website, Feel Good Promotions, focuses on spreading kindness through impactful marketing. It's a unique approach, centered around an iconic orange "K" logo, and a QR code system called "PAY IT FORWARD." This system encourages acts of giving and receiving, creating a ripple effect of positivity. The branding is designed to be more than just a logo; it’s a symbol of compassion and goodwill, easily scannable across various platforms. Campaigns like "PAY IT FORWARD" and "RANDOM ACTS OF KINDNESS" aim to inspire action and build meaningful connections with businesses and organizations.

Financially, Feel Good Promotions Ltd is facing some challenges. Net assets have plummeted 94%, dropping to just £800, and cash reserves have fallen 71%, leaving only £2,100. Bank borrowings have decreased by 18%, and current assets have declined by 38%, to £23,000. While creditors have also decreased by 18%, the significant drop in equity is a cause for concern. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the decrease in equity raises questions about its long-term financial health. With no auditor mentioned, the figures rely on unaudited statements.

In short, Feel Good Promotions Ltd is operating with a unique marketing concept, but its financials suggest it's burning through money. Whether its innovative approach can generate enough revenue to overcome these financial pressures remains to be seen.

Registered in England/Wales under the registration number 07172977, with a registered address at NE7 7RZ, England, Newcastle Upon Tyne, 212 Wills Mews.

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