Inkwear Ltd

Inkwear Ltd from London UK: a small, active company founded 12 years ago, operates as an e-commerce site selling designer temporary tattoos and celebrity fake tattoos. With two employees and £27,774 in assets, it's a modest operation with a virtual address shared by many other businesses. The company is run by two directors and two owners, although the list of owners may not be exhaustive.

The website, Inkwear, showcases a wide range of custom tattoo options, from celebrity-inspired designs to seasonal and festival-themed options. They offer fast custom tattoos, premium pre-cut bulk wholesale options, and even wedding and hen-stag templates. The site emphasizes easy application – just use water, ice, or beer – and boasts a perfect 5-star rating.

Financially, Inkwear Ltd’s numbers present a mixed picture. While current assets increased by 10% to £28,000, net assets saw a dramatic 930% increase to £2,700. Bank borrowings decreased by 28% to £7,300, and cash reserves fell by 48% to £5,200. Trade debtors, however, surged by 83% to £19,000, which could indicate a reliance on customer payments. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from a full audit, and the financial statements are unaudited.

The increase in net assets is a positive sign, but the rise in trade debtors warrants attention. The company’s e-commerce focus and quick turnaround times seem to be driving sales, but managing cash flow will be key to its continued success.

Registered in England/Wales under the registration number 08242713, with a registered address at W1T 7NF, United Kingdom, London, Level 5a Maple House, 149 Tottenham Court Road.

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