Iwont Ltd

Iwont Ltd is a small, active company from Kempston, UK, founded seven years ago in 2018. With just two employees and £7,618 in assets, it's a modest operation run by a solo founder, Britchford Stephen, and director Britchford Louise. The company operates an e-commerce site, selling gifts and homeware, and is registered at a real address.

The website, Iwoot UK, is a vibrant online marketplace offering a wide range of quirky and novelty gifts. It's a bustling site with categories ranging from barware and books to toys and tech accessories. The site is clearly focused on retail via mail order and internet sales, with a strong emphasis on novelty items and gift ideas. It’s got a lot of products and seems to be doing well.

Financially, Iwont Ltd’s report reveals some concerning trends. Cash bank on hand dropped significantly by 63%, falling to just £3,500. Liabilities increased by 52%, reaching £15,000, and net assets decreased by 2.4% to -£54,000. Trade debtors, however, surged by an astonishing 1600%, hitting £4,100—a potential sign of delayed payments or expanded credit terms. The number of employees has also fallen by 50%, with only one reported at the end of 2023. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems Iwont Ltd is facing some challenges, with dwindling cash reserves and rising liabilities. The company’s reliance on e-commerce and its small size—meeting two of three conditions for a small company—helps it remain agile, but the financial pressures are evident. It's a bit of a worry, really.

Registered in England/Wales under the registration number 11169186, with a registered address at MK42 7EF, England, Kempston, Bedfordshire, Unit 5 Wolseley Road, Woburn Road Industrial Estate.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.