Futuredition Ltd
- Small
- Active
- 2 years
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Futuredition Ltd is a small, active company based in London, UK, founded two years ago in July 2022. It operates as a solo-founded e-commerce site with a real registered address and is managed by one director and owner. The company specializes in the retail sale of clothing, both in specialized stores and via the internet.
The website, FUTUREDITION, showcases a curated selection of clothing, including VIPER Signature T-shirts, MESH shorts, and ORIGIN hoodies. It offers free UK shipping and emphasizes a modern, minimalist aesthetic. The site is clearly geared towards online retail, with a focus on direct-to-consumer sales.
Financially, Futuredition Ltd presents a concerning picture. While classified as a small company (meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has plummeted to -£3,100. Bank borrowings are at £3,100, and cash reserves are virtually non-existent. Trade debtors are at a modest £1, while creditors are also at £3,100. The lack of employees (zero reported) suggests a very lean operation, and the absence of an auditor (likely exempt due to its size) means the figures are unaudited. This suggests the company is burning through cash and relying heavily on credit to stay afloat.
It's possible that the company is still in its early stages and experiencing typical startup challenges, but the negative equity and reliance on borrowing are worrying signs. The solo founder may be struggling to scale the business and manage its finances effectively.
Registered in England/Wales under the registration number 14257985, with a registered address at SE9 1YE, England, London, 197 Crookston Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lloyd George David
- 2 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Lloyd George David
- 2 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-07-25 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-07-31Download 6 pages pdf report
-
Confirmation statement made on 2023-07-25 with updatesDownload 4 pages pdf report
FAQ about Futuredition Ltd
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