Neon Kactus Ltd

Neon Kactus Ltd, based in Leeds, UK, is a small, active company founded seven years ago. With just two employees and £115,821 in assets, it operates from a virtual address shared by 168 other companies, a situation that raises some questions. The company has two directors and two owners, with Charlotte Gornall and Neil Tombs holding both roles. It runs an e-commerce site specializing in reusable coffee cups and accessories. Neon Kactus regularly imports glass and glassware, with 15 months of import activity recorded, and has also exported for three months.

The website showcases a commitment to eco-friendly products, emphasizing reusable alternatives to single-use plastics. It offers a range of stylish, high-quality cups, bottles, and accessories, designed for on-the-go lifestyles. The site highlights the company’s mission to reduce waste and protect the planet, with a counter tracking the number of disposables saved by its customers. It’s clear that Neon Kactus is targeting environmentally conscious consumers seeking both style and sustainability.

Financially, Neon Kactus Ltd presents a mixed picture. While cash reserves grew by a healthy 32% to £88,000, other key metrics show signs of pressure. Current assets increased by 12% to £120,000, but bank borrowings surged by 350% to £39,000—a significant increase. Creditors also rose by 25% to £59,000, suggesting increased reliance on short-term financing. The company’s property, plant, and equipment decreased by 50% to £5,800, and depreciation charges increased. Despite meeting two of three conditions to be considered a small company, the increase in borrowing and the decrease in assets raises concerns. The company’s unaudited accounts, and lack of an auditor, mean that the numbers are self-reported.

Overall, Neon Kactus Ltd appears to be a small business with a strong environmental mission, but it’s facing financial challenges. Whether it can sustain its growth while managing its debt remains to be seen.

Registered in England/Wales under the registration number 11265071, with a registered address at LS25 1NB, England, Leeds, C/O Clever Accounts Ltd Brookfield Court, Selby Road.

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