Our Social Collective Limited

Our Social Collective Ltd, based in Norwich, UK, is a small, active company founded seven years ago in 2017. With two employees and £111,931 in assets, it operates from a virtual address—a detail worth noting as 153 companies share this location. The business is led by two directors and owned by two individuals, and is described as a family business with a solo founder.

The company’s core activities involve importing clothing and accessories (excluding knitted or crocheted items) – a regular practice with 3 months of import activity recorded. It also engages in irregular exporting of copper and copper products, with just one month of export activity noted. While the company operates in the other information technology service activities industries, the website is unavailable, making it difficult to determine if it’s an e-commerce operation.

Financially, Our Social Collective Ltd presents a mixed picture. Current assets have decreased by 15%, dropping to £110,000, while net assets have also declined, falling 4.5% to -£570,000. Bank borrowings have increased by 2.3%, reaching £10,000, and cash reserves have plummeted 74%, leaving just £3,000 available. Creditors have also decreased by 5.3%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 20 employees. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

The company’s financial trajectory suggests it’s facing some challenges, despite its active import and export activities. The significant decrease in cash reserves and the negative equity raise concerns about its long-term financial health. It’s possible the company is reinvesting in its business, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 10767517, with a registered address at NR6 6BB, England, Norwich, Norfolk, Evolution House Iceni Court, Delft Way.

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