Raindrop Clean Group Ltd

Raindrop Clean Group Ltd from Nottingham UK: small company, holding company, active status, founded 2 years ago, 2 employees, £65,416 assets, real address, 2 directors, 3 owners. It operates in the retail sale via mail order houses or via internet industries, offering plastic-free cleaning products. The company’s website, Raindrop.clean, showcases a range of foaming hand soaps, liquid hand soaps, and cleaning refills, all marketed as cruelty-free, vegan-friendly, and environmentally conscious. A key element is its “Drops” – concentrated refills that customers add to water in reusable amber glass bottles, reducing plastic waste. The site also promotes a crowdfunding campaign, suggesting a desire to expand its operations.

The business model centers around direct-to-consumer sales through its website, with a focus on subscription services for refills. The site highlights the benefits of plastic-free cleaning, emphasizing the durability of its amber glass bottles and the convenience of its refill system. It also features customer reviews and social media links, fostering a sense of community around its brand. The company’s branding is clean and modern, appealing to environmentally conscious consumers.

Financially, Raindrop Clean Group Ltd presents a mixed picture. While the company has £65,000 in current assets, its equity sits at a negative £26,000. Creditors are substantial at £92,000, and trade debtors are £64,000. Bank borrowings are not mentioned, but the negative equity suggests the company is burning through cash. The small size (meeting two of three conditions for a small company) allows for agility, but the losses raise concerns. The lack of an auditor (likely exempt as a small company) means the figures are unaudited. The company’s cash reserves are only £1,000, which is quite low.

Despite the financial challenges, Raindrop Clean Group Ltd’s focus on sustainability and direct-to-consumer sales positions it well in a growing market. The crowdfunding campaign suggests a desire to scale up operations, but the company will need to carefully manage its cash flow and increase profitability to ensure long-term success. It’s a young company, and there’s a lot of potential, but the numbers indicate it’s in a precarious state.

Registered in England/Wales under the registration number 14116897, with a registered address at NG13 8GG, England, Nottingham, 35 35 Moorbridge Road, Bingham.

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