Found Pop Limited

Found Pop Ltd from London UK: a small, active company founded seven years ago, employs six people, and holds £16,753 in assets. It operates from a virtual address, managed by three directors and a solo founder, and runs an e-commerce site. The company irregularly imports and exports furniture, lighting, and prefabricated buildings—one month of imports recorded in 2022, and two months of exports in 2021.

The company’s website, FoundPop, focuses on providing rental furniture for pop-up events and worksites. It offers a range of shelving units, desks, and display cases, with a simple quote-based system. Customers can pick their furniture, submit a quote, and the team handles delivery, installation, and collection. Reviews are overwhelmingly positive, praising the team’s professionalism and the quality of the furniture.

Financially, Found Pop Ltd presents a mixed picture. Current assets have decreased significantly, dropping 76% to £17,000. Bank borrowings have surged dramatically, increasing by 440% to £52,000, while cash reserves have plummeted 100%, leaving only £110. Creditors have also decreased, suggesting improved debt management. 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 decline in equity—dropping 10% to -£370,000—is concerning. There's no auditor mentioned, so the financial statements are unaudited.

Despite these challenges, the company’s strong online presence and positive customer reviews suggest a viable business model. However, the sharp increase in borrowings and the decline in cash reserves indicate a need for careful financial management to ensure long-term sustainability.

Registered in England/Wales under the registration number 11133091, with a registered address at EC4M 7RD, United Kingdom, London, First Floor, 5 Fleet Place.

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