Simply Unique Limited
- Small
- Active
- 7 years
- 1 employee
- £28,114 (assets)
- Real address
- 2 directors
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Simply Unique Ltd, based in Bournemouth, UK, is a small, active company founded seven years ago in 2017. It’s a solo founder operation with one employee and holds £28,114 in assets. With two directors and a real address, it’s a compact team. The company operates in the retail sale via mail order houses or via internet industries, and its website, Simply Unique Mag, showcases a vibrant publication celebrating young models.
Simply Unique Mag is a digital magazine and online shop featuring inspiring stories, photography, and fashion insights. It offers a range of products, including magazine issues, digital downloads, and branded merchandise like SU Quote prints and Bow Clips. The website also features articles on topics like childhood cancer awareness and embracing individuality. It’s a well-designed site, and the magazine seems to have a dedicated following.
Financially, Simply Unique Ltd presents a mixed picture. Current assets have decreased significantly, dropping 41% to £28,000. Equity has also fallen by 19%, now at £41,000. Bank Overdrafts have increased by a substantial 79%, reaching £4,600, and cash reserves have plummeted 48%, sitting at just £22,000. Creditors have decreased slightly, which is good, but the overall trend suggests the company is burning through cash. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.
While the magazine appears to be doing well, the financial data suggests Simply Unique Ltd is facing challenges. It's possible the company is reinvesting heavily in growth, but the declining cash reserves are a concern. The solo founder model, while efficient, may also be placing a heavy burden on the director.
Registered in England/Wales under the registration number 10956511, with a registered address at BH10 5AB, England, Bournemouth, 55 Coombe Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Watson Jodie
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Watson Jodie
- 7 years
-
Resident of United Kingdom
-
Individual
- Watson Ellis James
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 6 pages pdf report
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Confirmation statement made on 2024-09-09 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 6 pages pdf report
FAQ about Simply Unique Limited
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