The Fanbulous Group Ltd

The Fanbulous Group Ltd is a small, active company based in London, UK, founded four years ago in March 2021. It employs just one person and holds £31,606 in assets, operating from a real address in Warwick Square. With one director and one owner, the company is a compact operation.

The company operates in the retail sale via mail order houses or via internet industries. Its website, Fabulous, is an award-winning self-care coaching app leveraging behavioral science to help users build healthy habits. The site offers a range of features, from personalized routines and goal setting to on-demand coaching and community support. It’s clearly focused on the digital wellness space, with a strong emphasis on science-backed methods and a user-friendly interface. It’s an ecommerce business, offering subscriptions to its premium features.

Financially, The Fanbulous Group Ltd’s recent performance presents a mixed picture. While current assets increased slightly to £32,000, net assets took a significant hit, dropping to -£32,000. Creditors also increased substantially, reaching £64,000, suggesting a reliance on short-term financing. Cash reserves, however, saw a dramatic increase to £5,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity is concerning. No auditor is mentioned, likely due to its status as a small, exempt company.

Overall, The Fanbulous Group Ltd appears to be navigating a period of growth and investment. The increased reliance on creditors and the negative equity suggest it's burning through money to fuel its expansion, but the surge in cash reserves hints at recent success. It’s a startup that’s betting on the digital wellness market, but its long-term financial health remains to be seen.

Registered in England/Wales under the registration number 13304818, with a registered address at SW1V 2AR, United Kingdom, London, County, Second Floor, Second Floor, 70 Warwick Square.

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