The Cornrow Ltd

The Cornrow Ltd is a small, active company based in London, UK, founded four years ago in June 2020. With two employees and £19,394 in assets, it operates as an e-commerce business selling homeware and lifestyle goods inspired by Black culture. The company is led by two directors and owners, Senbanjo Lara and Lawson Kemide, whose roles were updated eight months ago. Its registered address is a virtual one, shared by 582 other companies.

The Cornrow's website showcases a wide range of products, from African tableware and cushions to books and coffee table items. It caters to customers seeking to introduce a modern Black aesthetic into their homes, offering everything from heritage tea towels to puzzles and stationery. The site also highlights collaborations with various artists and brands, emphasizing a curated selection of unique and culturally significant items.

Financially, The Cornrow Ltd appears to be navigating a challenging period. Current assets have fallen by 51%, dropping to £19,000, while net assets have plummeted 64%, settling at -£100,000. Cash reserves have also declined significantly, falling 91% to just £2,000. Creditors have increased, with both short-term and long-term debts rising. The company’s retained earnings and accumulated losses are also negative. Despite these difficulties, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. There was no auditor mentioned, as the company is exempt.

While the e-commerce platform appears vibrant and well-stocked, the financials suggest the company is burning through cash. Whether this is a typical startup phase or a sign of deeper issues remains to be seen—but The Cornrow Ltd is clearly relying on its curated product selection and online presence to sustain its operations.

Registered in England/Wales under the registration number 12692077, with a registered address at EC1V 2NZ, England, London, 320 City Road.

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