Fourth Element Limited

Fourth Element Limited is a small, active company based in Helston, UK, established 23 years ago in May 2001. With 38 employees and £3,671,157 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 365 months of import activity and 587 months of export activity recorded. It’s a private limited company, and its website showcases a wide range of diving and outdoor adventure gear.

The company's website, Fourth Element, is clearly an e-commerce platform. It sells a diverse range of products, from drysuits and wetsuits to technical shorts and accessories, catering to divers, freedivers, snorkelers, and outdoor enthusiasts. The site emphasizes high-performance gear, British design, and a commitment to environmental sustainability, with a dedicated “OceanPositive” section highlighting its initiatives. The site also features a blog with informative articles and stories related to diving and ocean conservation.

Financially, Fourth Element Limited shows a mixed picture. While net assets increased by 8.6% to £1,700,000, cash bank on hand decreased significantly by 55% to £81,000. Creditors also decreased, which is good, but trade debtors increased by a considerable 39%, suggesting potential issues with customer payments. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the drop in cash reserves is a point of concern. The company’s accounts are unaudited and exempt, which is common for small entities.

The decrease in cash reserves could be attributed to increased investment in inventory or marketing efforts to support the e-commerce business. It’s also possible that the company is experiencing some growing pains as it expands its product line and customer base. The company’s commitment to sustainability and its focus on high-quality gear seem to be resonating with customers, but managing cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 04211360, with a registered address at TR13 0LW, England, Helston, Cornwall, Fourth Element Ltd, Water-Ma-Trout.

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