Fobou Limited

Fobou Limited is a small, active company from Swansea, UK, founded just two years ago in February 2023. It’s a family business with a solo founder, Katherine Whitley Filmer-Wilson, who also serves as the director. The company employs just one person and holds £189,005 in assets, operating from a real address in Mha House Charter Court. Two owners, Filmer-wilson Katherine Whitley and Filmer-wilson Robin Hubert, are listed, though this may not be exhaustive.

Fobou Limited operates in the retail sale via mail order houses or via internet industries. Its website showcases a range of products, suggesting a focus on online retail. While specific details about the product range aren't readily available, the presence of an e-commerce platform indicates a direct-to-consumer business model. It’s likely they’re selling goods online, shipping directly to customers.

Financially, Fobou Limited presents a mixed picture. While cash reserves remained steady at £180,000, net assets dropped significantly to -£37,000 – a concerning trend. Trade debtors increased by a modest 1.9%, suggesting a slight improvement in collecting payments. However, creditors also rose, particularly long-term non-financial liabilities, which increased by 50% to £300,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the negative equity suggests it’s burning through cash faster than it’s generating revenue. The lack of an auditor mentioned is typical for a small, exempt company, meaning the financial statements are unaudited. It's possible that the business is reinvesting heavily in growth, but the declining equity warrants closer monitoring.

Registered in England/Wales under the registration number 14669445, with a registered address at SA7 9FS, Wales, Swansea, Mha House Charter Court, Pheonix Way.

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