Leamington Collective Limited

Leamington Collective Limited is a small, active company based in Bexhill, UK, founded ten years ago in 2014. With £76,813 in assets and a virtual address, it employs seven people and is led by a single director and owner, a solo founder. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 45 reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with recent activity recorded four months ago in September 2023.

The company’s core business involves the retail sale of textiles in specialised stores, as described on its profile. It’s a private limited company registered in England and Wales, and while it doesn's have a dedicated website, its profile highlights its commitment to British craftsmanship and family ownership.

Financially, Leamington Collective Limited presents a mixed picture. Current assets decreased by 11% to £77,000, while net assets plummeted 73% to -£100,000 – a significant drop. Bank borrowings increased by 9.1% to £24,000, and cash reserves were minimal at just £35. Creditors, however, decreased by 14%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp equity decline raises concerns. The company’s unaudited financial statements, prepared using IRIS Accounts Production software, do not mention an auditor.

The company’s financial data shows a concerning trend of decreasing equity and minimal cash reserves. While creditors are being managed effectively, the overall picture suggests a company that may be burning through money. The lack of employees (seven reported) hints at a lean operation, but the negative equity and declining assets are worrying signs.

Registered in England/Wales under the registration number 09316058, with a registered address at TN39 5ES, England, Bexhill, East Sussex, Unit 2.02 High Weald House, Glovers End.

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