Fourteen 04 Ltd

Fourteen 04 Ltd from Rochford UK: small company, active status, founded 3 years ago, £9,881 assets, real address, 2 directors, 2 owners, family business, e-commerce site. It’s a small, family-run business with a real address and an active trading status. Founded just three years ago, Fourteen 04 Ltd operates an e-commerce site selling functional and stylish bags, specifically the “Betty Bumbag.” It’s a lean operation with two directors and two owners, meeting two of the three conditions for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website showcases a range of bags, with a focus on the “Betty Bumbag,” marketed towards photographers and creative professionals. The site highlights features like padded compartments, water resistance, and expandable waistbands, emphasizing its practicality and style. It also provides detailed sizing guides, customer reviews, and currency options for international customers. Fourteen 04’s website even has a section to ask questions.

Financially, Fourteen 04 Ltd presents a mixed picture. Cash reserves have plummeted a huge 99%, leaving just £1 remaining, and net assets have decreased by 87%, landing at -£2,100. Trade debtors have also increased, suggesting delayed payments. On the positive side, creditors have remained stable, and there’s been a slight decrease in accrued liabilities. The lack of employees (zero reported) indicates a very small operation. With no auditor mentioned, the figures are unaudited.

While the e-commerce side appears active and well-reviewed, the financials suggest a company facing some financial strain. Whether this is typical for a young business or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 13692553, with a registered address at SS4 1RE, United Kingdom, Rochford, Essex, 60 Ashingdon Road.

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