Ourver Ltd

Ourver Ltd is a small, active company from Bishop's Stortford, UK, founded eight years ago. It's a solo venture, managed by one director and owner, Keetley Paul. With a real address and a single employee, the company holds £6,237 in assets and operates an e-commerce site.

The website, Purposeful Essentials, showcases a curated collection of clothing designed for sustainability and ethical production. The site highlights organic cotton, recycled materials, and a commitment to transparency, offering a range of denim, shirts, beanies, and socks. It’s clear the business focuses on retail sale of clothing, both online and potentially via mail order. The site also features a blog detailing garment care, sustainable denim practices, and recycled label initiatives, reinforcing its brand values.

Financially, Ourver Ltd presents a mixed picture. Current assets have decreased slightly, falling by 6.9% to £6,200. Bank borrowings have been reduced by 25% to £1,200, which is a positive sign. However, net assets have fallen by 17% to -£66,000, indicating a loss of equity. Creditors have increased by 15% to £72,000, which could be a result of increased stock or operational expenses. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and only one employee. The accounts are unaudited, as is typical for small companies.

Overall, Ourver Ltd appears to be navigating a challenging financial landscape. While it’s managed to reduce borrowing, the decline in net assets suggests the business is burning through money. The focus on sustainable practices and a well-designed website are strengths, but the company will need to address its financial pressures to ensure long-term viability.

Registered in England/Wales under the registration number 10378375, with a registered address at CM23 2HS, England, Bishop's Stortford, Mulberry House, Galloway Road.

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