Profane Ltd

Profane Ltd is a small, active company based in Sywell, UK, founded three years ago in July 2021. The company boasts £96 in assets and operates from a virtual address, registered with ninety-two other companies, a curious detail. It’s a solo-founded operation with one director and owner, Lynch Geraldine Rosemary, and runs an e-commerce site. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not extensively detailed, suggests a focus on retail sales through an online platform. It’s difficult to discern the precise nature of the products sold without further investigation, but the e-commerce presence indicates a modern, digitally-driven approach.

Financially, Profane Ltd presents a concerning picture. Cash reserves have plummeted a staggering 94%, falling from £1,600 to just £96. Current assets have also experienced a dramatic decline, dropping 97% to £96. Equity has suffered a massive loss, falling 5,500% to -£1,900. While creditors have decreased by 39%, this doesn’s offset the significant drop in assets. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, relying on unaudited statements.

The sharp decline in cash and assets, coupled with negative equity, suggests Profane Ltd is burning through money quickly. While the decrease in creditors is a positive sign, it’s not enough to alleviate the concerns. The company’s reliance on a virtual address, combined with the financial strain, warrants further scrutiny.

Registered in England/Wales under the registration number 13518015, with a registered address at NN6 0BN, England, Sywell, Northamptonshire, Unit 11/12 Hall Farm, Sywell Aerodrome.

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