The Captician Ltd

The Captician Ltd is a small, active company based in Leeds, UK, founded six years ago in 2019. With just one employee and £2,559 in assets, it’s a solo founder operation led by a single director and owner, Mandela Abijah. The company operates an e-commerce site specializing in hat cleaning and care products, offering kits, sprays, and brushes. It’s a irregular exporter, with its top export categories including Miscellaneous manufactured goods, totaling 1 of months exports. The last export operation took place on February 01, 2022.

The company's website, The Captician, focuses on providing eco-friendly solutions for hat care. It sells kits and sprays designed to clean, protect, and revitalize hats, targeting customers who want to keep their headwear looking new. The site emphasizes safe and effective methods, avoiding harsh scrubbing and water damage—a clear response to common hat-cleaning pitfalls. It's a well-designed site with a clear focus on its niche market.

Financially, The Captician Ltd presents a mixed picture. Current assets have fallen significantly, dropping 49% to £2,600. Net assets have also declined, increasing 19% to -£23,000. Bank borrowings have increased substantially, rising 74% to £750. Trade debtors have increased by 890%, suggesting delayed customer payments. 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 stay agile, but the equity drop is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the e-commerce side appears active and well-reviewed, the financials suggest the company is burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen—but for now, The Captician Ltd is betting on its niche market and customer satisfaction to turn things around.

Registered in England/Wales under the registration number 11818065, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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