Scribbles That Matter Ltd

Scribbles That Matter Ltd is a small, active company based in London, UK, established eight years ago in 2016. With a single employee and £275,204 in assets, it operates from a virtual address and is led by one director and two owners. The company runs an e-commerce site and regularly imports paper and paperboard products, with five months of import activity recorded as of March 2024.

The company’s website, Scribbles That Matter, focuses on premium journals, planners, and accessories, catering to journaling enthusiasts and those seeking organization tools. The site boasts a wide range of products, including dotted journals, graph journals, and planners, alongside accessories like pouches and fineliners. It emphasizes quality, design, and a community-driven approach, with a blog and email newsletter providing inspiration and tips. The website also features a section dedicated to "Life Changing Notebooks," highlighting customer reviews and testimonials.

Financially, Scribbles That Matter Ltd presents a mixed picture. Current assets have significantly decreased by 40%, dropping to £280,000, while net assets have plummeted by 46%, settling at £240,000. Bank borrowings have increased by 140%, reaching £3,800, and cash reserves have fallen by a substantial 62%, leaving just £74,000. Trade debtors have surged by 400%, reaching £77,000, which could indicate increased sales but also potential payment delays. Creditors have also risen by 72%, reaching £40,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility, but the decline in equity raises concerns. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

Despite these challenges, the company’s active e-commerce presence and focus on a niche market suggest potential for future growth. The surge in trade debtors may be a temporary blip, and the company’s commitment to quality products and customer engagement could help it weather the storm.

Registered in England/Wales under the registration number 10414448, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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