Oushaba Ltd

Oushaba Ltd from London UK is a small, active company founded four years ago. Employing just three people, it holds £333,461 in assets and operates an e-commerce site, with two directors and one owner at the helm. The company’s registered address is real, with only one other company registered at the same location.

Oushaba Ltd specializes in retail sales via mail order and the internet, offering a unique collection of wearable art crafted from repurposed e-waste. Their debut collection, CONNECTION SALVAGED, features fragments of mobile phone circuit boards, USBs, and charging cables transformed into wearable jewelry, combined with precious metals and gemstones. The company emphasizes sustainability and ethical sourcing, holding the prestigious Butterfly Mark certification from Positive Luxury, a trust mark recognizing brands committed to environmental, social, and governance performance. They're also selling gold alliance earrings, fossil cufflinks, and gold remnants rings.

Financially, Oushaba Ltd presents a mixed picture. While cash bank holdings increased significantly by 120% to £150,000, net assets decreased by 76% to -£760,000. Creditors have also risen sharply, increasing by 73% to £1.1 million, and trade debtors have jumped 170% to £17,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the substantial equity decline suggests a potential cash flow challenge. Average employees during the period decreased by 67%, indicating a possible reduction in workforce. With no auditor mentioned, the financial statements are unaudited.

The increase in creditors and decrease in equity could be due to investments in inventory to support the e-commerce platform, or perhaps a period of aggressive marketing to build brand awareness. It's also possible the company is reinvesting profits into product development and expansion, which could temporarily impact short-term profitability.

Registered in England/Wales under the registration number 13175554, with a registered address at SW7 2JE, England, London, 4 Cromwell Place 4 Cromwell Place, Oushaba Ltd.

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