Fresh Outta Ideas Ltd

Fresh Outta Ideas Ltd from Chislehurst UK is a small, active company founded three years ago. With £32,948 in assets, it operates as a family business with two directors and two owners, running an e-commerce site. The company is registered at a real address and meets the criteria to be considered a small company, having turnover less than £10.2 million, balance sheet total less than £5.1 million, and less than 50 employees.

The company’s website showcases a diverse range of fashion accessories, specializing in personalized leather bags, purses, jewelry, and woven straps. It also offers a collection of mugs, including humorous designs and personalized options. The site emphasizes quality, personalization, and a wide selection, catering to various tastes and occasions. It’s clear they’re aiming for a stylish, gift-focused market.

Financially, Fresh Outta Ideas Ltd’s report reveals a mixed picture. Cash bank on hand decreased by 14% to £6,300, and net current assets liabilities plunged to -£36,000, a significant drop. Creditors, however, increased substantially by 480% to £69,000, and trade debtors jumped 510% to £19,000. Equity is also in the negative, at -£36,000. It’s possible the company is investing heavily in inventory or marketing to fuel growth, but the negative equity is a concern. The lack of employees (zero reported) suggests a lean operation, and with no auditor mentioned (likely exempt as a small company), the figures are unaudited.

While the e-commerce side appears vibrant and well-stocked, the financial report suggests Fresh Outta Ideas Ltd is navigating a challenging period. Whether they can sustain this growth and turn a profit remains to be seen, but their focus on personalization and a diverse product range gives them a good starting point.

Registered in England/Wales under the registration number 13672581, with a registered address at BR7 5AN, England, Chislehurst, 10 High Street.

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