R Fern Ltd

R Fern Ltd, based in London, UK, is a small, active company founded three years ago. It’s a solo venture led by a single director and owner, Golueke Timm, and employs just one person. The company holds £122,374 in assets and operates from a real address in Cavendish Square. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. R Fern Ltd is an irregular importer, primarily dealing in essential oils and perfumes, with its last import activity recorded one month ago.

The company’s website, Buckingham Fine Art Publishers Ltd, showcases a different world entirely. It’s a distributor of hand-embellished studio editions, limited editions, and original artwork by British and internationally renowned artists. The site highlights exhibitions, artist events, and even offers framing services and website creation for galleries. It’s a far cry from the import business, suggesting a potential diversification or side venture. The website's focus is on high-end art, with events like artist tours and gin botanical afternoons, catering to a discerning clientele.

Financially, R Fern Ltd presents a mixed picture. While cash reserves have seen a remarkable 1000% increase to £4,400, other areas show concerning trends. Net assets have plummeted by 390% to -£150,000, and net losses deepened to -£120,000. Trade debtors have fallen by 62%, which could be good or bad—perhaps customers are paying quicker, or the company is selling less. Creditors have also increased significantly, rising 88%, which may be a result of increased purchasing to support the import business. The company’s small size means it’s exempt from an audit, relying on unaudited statements.

The sharp decline in equity and increased borrowings suggest R Fern Ltd is burning through cash. While the recent increase in cash reserves is a positive sign, the company needs to carefully manage its expenses and potentially explore new revenue streams to ensure long-term financial stability. The art distribution business, while seemingly unrelated, could provide a valuable source of income, but it’s unclear how integrated it is with the import operations.

Registered in England/Wales under the registration number 13976244, with a registered address at W1G 0PW, United Kingdom, London, 14th Floor 33, Cavendish Square.

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