Francesca Chapman Ltd

Francesca Chapman Ltd is a small, active company based in London, UK, founded five years ago in 2020. With a single employee and £25,513 in assets, it’s a solo-founded operation managed by one director and owner. The company operates as a regular importer and exporter of optical and medical tools and devices, with 10 months of import activity and 3 months of export activity recorded. It's a real address, and only one other company is registered there.

The company’s website, Purple Patch Running, focuses on organizing running events – 10k races, half marathons, and marathons. It’s clear that they’re passionate about bringing out the best performance in runners, and the site is full of event details, race results, and runner images. They also have a blog with running tips and reviews from attendees, which gives the site a community feel. It's clear they aren't selling products directly; they're facilitating events and building a community around running.

Financially, Francesca Chapman Ltd shows a bit of a mixed picture. Current assets have dropped by 40% to £26,000, and net assets have fallen by 42% to -£39,000. Bank borrowings have decreased by 39% to £55,000, but cash reserves have plummeted 66% to just £3,700. Creditors have also decreased by 41% to £64,000. It's a small company, meeting two of three conditions for small business status (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The accounts are unaudited and described as “filleted,” meaning they’re simplified due to the company’s size. There is no auditor mentioned.

The sharp decline in equity suggests the company may be burning through cash, but the decrease in creditors indicates better debt management. The company’s focus on running events and its community-driven website suggests a passion project, but the financial numbers raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 12555418, with a registered address at N13 4BB, England, London, 193 Fox Lane.

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