Otis And The Wolf Ltd

Otis and the Wolf Ltd is a small, active company based in London, UK, founded six years ago in 2018. With just two employees and £35,076 in assets, it operates as an e-commerce site specializing in children's toys, clothing, and nursery essentials. The company is run by two directors and one owner, with a real registered address shared by a large number of other businesses – over 28,000, in fact. It regularly imports footwear and related items, with its last import operation recorded three months ago in March 2023.

The company’s website, Otis and the Wolf, showcases a curated selection of Scandinavian-inspired products, emphasizing simplicity and quality. It features brands like Banwood, Liewood, and Maileg, catering to parents seeking stylish and functional items for their children. The site’s design is clean and modern, with high-quality product photography and a user-friendly shopping experience. It’s clear that the company is focused on creating a premium brand image, appealing to a discerning customer base.

Financially, Otis and the Wolf Ltd presents a mixed picture. Current assets have significantly decreased by 48%, falling to £35,000, while net losses have widened to -£44,000. Bank borrowings remained relatively stable at £2,500, but cash reserves have also declined. Trade debtors have plummeted by 87%, suggesting a change in payment terms or potentially issues with customer collections. Creditors, however, have decreased by 8%, indicating 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) allows for flexibility, but the substantial equity decline raises concerns about its financial health. As a small company, it is exempt from an audit, relying on unaudited statements.

The company's financial data suggests it’s burning through money. While the e-commerce operation appears well-managed and focused on a niche market, the financial trends indicate a need for careful monitoring and potentially adjustments to its business model. It’s possible that increased marketing efforts or inventory investments contributed to the decline, but without more information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 11660070, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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