Flopz Limited

Flopz Ltd from Brentwood UK: small company, active status, founded 11 years ago, £23,079 assets, real address, 3 directors, 1 owner, e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £23,079. The company operates in the wholesale of clothing and footwear, the retail sale via mail order houses or via internet, the information technology consultancy activities industries. Officially, it has one owner or PSCs, three directors and no number of employees published.

Flopz Ltd's website, flopZ, showcases a range of vibrantly coloured flip flops, from Velvet Flip Flops to Pearl Flip Flops, all priced at £30. The site emphasizes a “unique massaging sensation” thanks to its “flopZgel” insole, and highlights the brand’s recognition by LUXlife Magazine. It’s clearly an e-commerce business, selling directly to consumers and even offering wholesale options. The site also includes a blog, press section, and customer service FAQ, indicating a focus on brand building and customer engagement. They even have a section for retailers and press.

Financially, Flopz Ltd presents a mixed picture. While net assets remained relatively stable at -£120,000, cash reserves have declined significantly by 76%, falling to just £340. Bank borrowings also decreased, but it's not clear if this is a positive sign. Creditors remained constant, and trade debtors increased, which could be a cause for concern. The company's small size and lack of employees (zero reported) keeps overheads low, but the reliance on external financing is evident. With no auditor mentioned, the figures are unaudited.

In conclusion, Flopz Ltd is a small e-commerce business facing financial pressures. While its product and website appear well-designed, the declining cash reserves suggest it’s burning through money. The lack of employees and reliance on external financing indicate a lean operation, but the long-term sustainability remains uncertain.

Registered in England/Wales under the registration number 08778199, with a registered address at CM15 8NL, England, Brentwood, C/O Berkeley Townsend, Hunter House 150 Hutton Road, Shenfield.

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