Frabjous Ltd

Frabjous Ltd from Barnet UK: a small company with an active status, was founded ten years ago in May 2015. It holds £216,878 in assets and operates from a real address, managed by one director and one owner. The business runs an e-commerce site and regularly imports toys, games, and sports equipment, with 13 months of import activity recorded, the last in July 2021.

The company’s website, Frabjous Essentials, showcases a wide range of drinkware, apparel, and accessories—primarily customized cups and mugs—catering to various occasions, from seasonal holidays to special events. The site features a vibrant selection of designs and offers personalized options, indicating a focus on unique and trendy products. It’s clear the company operates in the other retail sale not in stores, stalls or markets industries.

Financially, Frabjous Ltd’s picture is a little complicated. Current assets have decreased by 15% to £220,000, while net assets have dropped a significant 12% to -£66,000. Bank borrowings have increased by 9%, reaching £37,000, and cash reserves have plummeted 92% to just £190. Creditors have also increased by 3.1%, suggesting a need to manage debt. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the decrease in equity is a cause for concern. No auditor is mentioned, which is common for small companies.

Overall, Frabjous Ltd appears to be navigating a challenging period. While its e-commerce site seems active and well-stocked, the financial data suggests the company is burning through money. Whether it can sustain its operations and turn a profit remains to be seen.

Registered in England/Wales under the registration number 09604666, with a registered address at EN5 4AN, England, Barnet, Fold Farm, Galley Lane.

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