The Eleventh House Ltd

The Eleventh House Ltd from Poole UK is a small company with an active status, founded three years ago. It’s a solo founder operation with one employee and £4,510 in assets, operating from a virtual address. The company has two directors and one owner, and runs an e-commerce site.

The Eleventh House specializes in retail sales via mail order and the internet, offering a curated selection of candles housed in unique vintage vessels. The website, Eleventh House, showcases a range of products, from incense and beaded stacking jars to car vent diffusers and centerpiece swans. The company emphasizes its commitment to "handpicked, handpoured, bespoke" luxury candles, using organic coconut-apricot wax and FSC wooden wicks. The brand also highlights its "For the Love of Nostalgia" ethos, with each candle telling a story and carrying a revelation message inside. The site also introduces a collection of candles named after different personalities, such as Aurora, Billie, Edyth, Quinn, and Willow, each representing a unique archetype.

Financially, The Eleventh House Ltd is showing some concerning trends. Current assets dropped significantly, falling 4400% to £4,500, while net assets plummeted 7000% to -£6,900. Bank borrowings increased, reaching £11,000, and cash reserves fell to -£6,900. Creditors also increased, reaching £11,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so these figures are unaudited.

The sharp decline in equity and the negative net assets suggest the company is burning through cash. While the e-commerce site appears active and the brand has a distinct aesthetic, the financials raise questions about its long-term sustainability. It’s possible the company is reinvesting heavily in inventory or marketing, but without further information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 14000267, with a registered address at BH14 0LT, England, Poole, Dorset, 87 North Road.

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