Ribbon And Bow Ltd

Ribbon And Bow Ltd from London UK: a small, active company founded three years ago, employs a single person, and holds £2,683 in assets. It’s a solo founder operation with one director and owner, operating an e-commerce site from a real address. The company is registered at 58-72 Dalmain Road, London, SE23 1AT.

The business specializes in retail sale via mail order houses or via internet, offering a range of ribbon and bow products. While the specific product line isn’s detailed, the name suggests a focus on crafting supplies or decorative items. The company’s website, though not provided, likely showcases these products and facilitates online sales.

Financially, Ribbon And Bow Ltd presents a mixed picture. Cash reserves have significantly decreased by 99%, dropping to just £32, while creditors have also fallen by 66%, now standing at £860. Current assets have increased slightly to £2,700, and equity has seen a substantial jump to £2,200. However, net current assets have improved dramatically to £1800. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in cash raises concerns. It’s worth noting that the accounts are unaudited and are described as “filleted accounts,” which is common for small companies. The company's director, Gbenedio Temu, is also the owner.

The company’s financial statements are prepared under FRS 102, and the directors acknowledge their responsibilities for complying with the Companies Act 2006. It's a bit unclear how the company is managing its cash flow, but the increase in equity suggests either a successful fundraising round or a period of profitability—though the low asset base and reliance on creditors indicate a need for careful financial management.

Registered in England/Wales under the registration number 13385147, with a registered address at SE23 1AT, England, London, 58-72 Dalmain Road.

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