Iam Bands Ltd.

Iam Bands Ltd from Penzance UK: small company, active status, founded 12 years ago, accounts overdue 3 years, confirmation overdue 2 years, £1,958 assets, real address, 1 director, 1 owner, solo founder. It’s a small, family-run business with a real registered address and a single director and owner, Lamiroy Sam Kwinten. Founded in 2012, the company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Iambands.co.uk, appears to be non-functional, which is a bit of a problem for a business focused on online retail. There's no indication of e-commerce activity or a working online store. It's unclear if the website was ever fully operational or if it's currently under development.

Financially, Iam Bands Ltd is facing some challenges. Current assets have fallen significantly, dropping 48% to just £2,000. Equity has also taken a hit, declining 26% to -£7,300. Cash bank on hand has plummeted 70% to a mere £150. Creditors have decreased slightly, which is a positive sign, but the overall picture suggests the company is burning through money. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s agile, but the declining equity is concerning. The lack of an auditor (likely exempt as a small company) means the figures are unaudited. It seems like they’re struggling to keep their head above water.

Registered in England/Wales under the registration number 08140448, with a registered address at TR18 4BQ, England, Penzance, Cornwall, 45 Queen Street.

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