Sheep Included Ltd

Sheep Included Ltd is a small, active company based in London, UK, founded seven years ago in 2018. It employs nine people and holds £1,117,881 in assets, operating from a real address and managed by four directors and a single owner. The company runs an e-commerce site and regularly imports and exports clothing and accessories made by knitting or crocheting – 77 months of imports and 22 months of exports recorded. Its website, Sheep Inc., showcases a range of merino wool knitwear, emphasizing sustainable practices and a focus on quality and transparency.

The website highlights a commitment to “wool reimagined,” emphasizing regenerative Merino wool and a “carbonnegative” approach. Beyond its core knitwear business, Sheep Inc. also offers piano restoration services through a separate division, 1066 Pianos, showcasing a diverse range of ventures.

Financially, Sheep Included Ltd presents a mixed picture. While cash reserves increased by 23% to £390,000, net assets decreased by 20% to -£5.5 million. Trade debtors significantly dropped by 74%, while creditors decreased by 23%. Bank borrowings were also reduced by 22%, suggesting a move to manage debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity decline raises questions. There's no auditor mentioned, likely due to the company’s small size and exemption from an audit. The company’s financial instruments seem to have been reduced, and the depreciation of computer equipment has been reduced too. The company has been preparing its accounts in accordance with the small companies regime.

Registered in England/Wales under the registration number 11226906, with a registered address at NW5 2PL, United Kingdom, London, 3 Leverton Place.

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