Filigree Street Ltd

Filigree Street Ltd is a small, active company based in London, UK, founded fifteen years ago in 2010. With just one employee and £24,848 in assets, it’s a compact operation led by a single director and owner. The company operates in the wholesale of watches and jewellery, as well as retail via mail order and internet, catering to a niche market. It has a real address, shared by two other companies, suggesting a professional setting.

The company's website reveals a broader focus on community engagement and communications. Filigree Communications offers consultation, research, campaigns, and placemaking services, working with local governments and organizations to drive positive change. They emphasize authentic voices, impactful storytelling, and data-driven insights—a far cry from the simple e-commerce feel of Filigree Street Ltd’s watch and jewellery business. It's a little confusing how these two businesses are linked, but both share a commitment to British craftsmanship.

Financially, Filigree Street Ltd presents a mixed picture. Current assets have decreased by 24% to £25,000, and net assets have plummeted 54% to -£9,100—a significant drop. Cash reserves have fallen 570% to £1,100, while creditors have decreased by 35% to £34,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline is concerning. Tax liabilities have increased dramatically, jumping 28,000% to £1,700. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Filigree Street Ltd appears to be facing financial pressures. The broader Filigree Communications business, meanwhile, thrives on its expertise in community engagement—a stark contrast to the more modest retail operations. It’s unclear if the two businesses are mutually supportive, but for now, Filigree Street Ltd is navigating a challenging economic climate.

Registered in England/Wales under the registration number 07126303, with a registered address at NW1 9DR, England, London, 46 C/O Asvsh Accountancy Services Limited, 46 Camden Road.

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