Journee Ltd

Journee Ltd, based in London, UK, is a small, active company founded six years ago in 2018. It employs five people and holds £1,303,793 in assets. The company has four directors but no registered owners, a somewhat unusual arrangement. Journee Ltd operates as an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting – just two months of imports were recorded, the latest in October 2024. The company's website offers a unique travel experience: it matches customers with surprise destinations based on their preferences, handling all the logistics.

The company's core business is described as "other service activities n.e.c.," a broad category that suggests a focus on travel-related services. The website highlights a "Journee pack" containing a postcard, itinerary, and destination guide, emphasizing a personalized and exciting travel adventure. The company’s marketing emphasizes nontouristy, unconventional destinations and a focus on authentic local experiences.

Financially, Journee Ltd presents a mixed picture. While current assets decreased by 17% to £1,300,000, bank borrowings have skyrocketed by 590% to £97,000. Cash reserves have also declined significantly by 44% to £640,000. Creditors have increased by 170% to £980,000, and net assets have fallen by 73% to £320,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial increase in borrowings and decline in equity raise concerns. The company is exempt from an audit, so the figures are unaudited. The increase in borrowings might be linked to the company's growth strategy, or it could signal financial pressures. The fact that the company has no registered owners is also a point of interest, and could be related to the directors’ roles.

Registered in England/Wales under the registration number 11581103, with a registered address at E2 6GG, England, London, Office 317, Pill Box 115 Coventry Road.

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