Inmyelement Clo Ltd

Inmyelement Clo Ltd from London UK is a small, active company founded four years ago. It operates as an e-commerce site, selling curated British luxury design, and employs just one person. With £14,002 in assets and a virtual address, it’s managed by two directors and two owners.

The company’s website, In My Element, showcases a range of womenswear and menswear, including jackets, coats, and essential pieces. It highlights a "curated edit of British luxury design," offering both new arrivals and a winter sale. The site emphasizes a commitment to sustainable practices, featuring organic cotton and fleece fabrics. It also has a blog and social media presence, promoting its products and engaging with customers.

Financially, Inmyelement Clo Ltd’s numbers paint a mixed picture. Current assets have fallen significantly, dropping 54% to £14,000, while net assets have also declined sharply, decreasing 39% to £11,000. Cash reserves have been hit hard, falling 80% to just £5,800. Trade debtors have increased, suggesting potential delays in customer payments. However, creditors have also decreased, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity drop warrants attention. No auditor is mentioned, as the company is exempt due to its size.

Overall, Inmyelement Clo Ltd appears to be navigating a challenging period. While its e-commerce site shows promise, the financial data suggests the company is burning through cash. Whether it can sustain its operations and achieve profitability remains to be seen—but the focus on luxury design and sustainable practices could provide a competitive edge.

Registered in England/Wales under the registration number 13272109, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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