Instinct Design Uk Ltd

Instinct Design Uk Ltd from Leicester UK: a small, active company founded ten years ago, holds £41,055 in assets, and operates from a virtual address. With two directors and two owners, the company runs an e-commerce site and irregularly imports jewelry, precious stones, and metals – its last import was over six years ago. It’s a small business, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, instinctbackpack.com, showcases a range of backpacks and accessories, emphasizing modularity and innovative design. It's a London-based brand, selling backpacks and camera bags, with a focus on waterproof, lightweight materials and unique features like fingerprint padlocks and magnetic buckles. The site highlights Kickstarter funding for its products, suggesting a community-driven approach. It’s clearly focused on the outdoor and photography markets, with a strong emphasis on design and functionality.

Financially, Instinct Design Uk Ltd shows some concerning trends. Cash bank on hand dropped significantly, falling 55% to just £10,000. Creditors also decreased, but trade debtors plummeted, suggesting difficulties in collecting payments. Equity increased slightly, but the company’s net assets liabilities are still a concern. The company's merchandise increased by 46%, which could be a good sign, but it's also important to consider the cost of holding this inventory. The lack of employees (zero reported) points to a lean operation, but the decrease in cash reserves is something to keep an eye on. With no auditor mentioned, the figures are unaudited.

Overall, Instinct Design Uk Ltd seems to be facing some financial pressure, despite its innovative products and strong online presence. The company's success will likely depend on its ability to manage its cash flow and convert inventory into sales.

Registered in England/Wales under the registration number 09102506, with a registered address at LE19 1WP, Leicester, Leicestershire, Charnwood House Harcourt Way, Meridian Business Park.

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