Metallic Inc Ltd

Metallic Inc Ltd is a small, active company registered in London, UK, established eight years ago in 2017. With two directors and a single owner, the company employs just two people and holds £884,212 in assets. It operates from a real address and is classified as a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s core business involves importing clothing and accessories made by knitting or crocheting, with a consistent record of five months of import activity. It also engages in irregular exporting of clothing and accessories, not knitted or crocheted, with two months of export activity.

Metallic Inc Ltd’s website, adminmetallicinc.com, reveals a more expansive operation than initially apparent. It positions itself as a “global culture studio,” joining the dots between culture, music, and brands. The site highlights a focus on audiences who lead the zeitgeist, and mentions a “jobs” portal and a focus on “infometallicinc.com.” The company’s description suggests a creative agency or consultancy, working with brands to connect with cultural trends.

Financially, Metallic Inc Ltd presents a mixed picture. While current assets increased by 42% to £880,000, equity plummeted 72% to just £840. Cash bank on hand decreased by 36% to £230,000, and net current assets liabilities increased dramatically by 1300% to £50,000. Creditors also increased significantly, with those due within one year rising by 34% to £830,000. The increase in debtors by 150% to £650,000 suggests the company is extending credit terms or experiencing delayed payments. The company’s small size allows for agility, but the sharp decline in equity and the rise in liabilities indicate potential financial strain. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company. It's clear the company is facing pressures, but it’s difficult to say if it’s a temporary setback or a more long term challenge.

Registered in England/Wales under the registration number 10726188, with a registered address at E1 5HA, England, London, 25 Woodseer Street, (Off Brick Lane).

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