Quaintly&co Ltd

Quaintlyandco Ltd from Northampton UK is a small, active company founded eight years ago. With two employees and £19,931 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates in the retail sale via mail order houses or via internet industries and is an irregular importer of leather goods, travel bags, and animal harnesses, with just one month of import activity recorded as of February 2023.

The company’s website, while not fully developed, suggests a focus on sourcing unique and handcrafted items. It appears to be an e-commerce venture, though it’s currently limited in scope. The site highlights a curated selection of goods, hinting at a focus on quality over quantity.

Financially, Quaintlyandco Ltd is showing some concerning trends. Current assets have plummeted by a staggering 86%, dropping to just £20,000, while net assets have sunk into negative territory at -£64,000. Creditors have also increased significantly, rising 93% to £69,000. Cash reserves have shrunk by 31%, leaving just £9 in the bank. While the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, the dramatic decline in equity is a red flag. There is no auditor mentioned, which is expected for a small, exempt company.

In short, Quaintlyandco Ltd is facing financial headwinds. While the e-commerce side may have potential, the company needs to address its declining equity and manage its creditors to avoid further strain.

Registered in England/Wales under the registration number 10343273, with a registered address at NN3 6AQ, England, Northampton, Unit G16 Moulton Park Business Centre, Red House Road.

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