Notanotherbill Ltd

Notanotherbill Ltd from London UK: a small company with an active status, was founded 13 years ago in 2011. It employs 31 people and holds £2,002,557 in assets. The company has a real address, four directors, and one owner, operates an e-commerce site, and enjoys a perfect 5.0 Google rating from 188 reviews. It regularly imports and exports leather goods, travel bags, and animal harnesses, with 113 months of import activity and 33 months of export activity.

The company’s website, Not Another Bill, showcases a diverse range of products, from personalized gifts and homeware to luxury travel accessories and baby essentials. It’s clear the company is focused on unique, high-quality items, with a strong emphasis on personalization and bespoke services. The site’s layout is clean and visually appealing, and the product categories are well-organized, making it easy for customers to find what they’re looking for. The website is very well done.

Financially, Notanotherbill Ltd shows some concerning trends. Current assets have fallen by 22%, dropping to £1.5 million, while net assets have also declined, falling 8.2% to £1.3 million. Bank borrowings have increased dramatically, surging by 2,400% to £200,000, and cash reserves have plummeted 6.5% to £450,000. Creditors, however, have decreased by 6.7%, suggesting some improvement in 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) allows it to remain nimble, but the significant equity drop raises questions about its long-term sustainability. The company is doing well, but it needs to watch its cashflow. With no auditor mentioned, the figures are unaudited.

Overall, Notanotherbill Ltd appears to be a well-regarded e-commerce business with a strong brand and loyal customer base. However, the recent financial results suggest that the company is facing some challenges, and it will need to carefully manage its cashflow and debt levels to ensure its long-term success.

Registered in England/Wales under the registration number 07747939, with a registered address at W10 6JG, United Kingdom, London, Unit 10 69 St Marks Road.

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