The Frame Network Ltd

The Frame Network Memorial is a small, active company based in Shotts, Scotland, founded 10 years ago in 2015. It’s a solo-founded operation with two directors, a single employee, and £7,709 in assets. The company operates from a virtual address – 57 other companies are registered at the same location – and boasts a perfect 5.0 Google rating from one review. It specializes in creating memorial items, including ashes charms, rings, necklaces, and teddy bears, all customizable with a loved one's ashes or hair.

The Frame Network Memorial’s website showcases a range of personalized memorial products, catering to those seeking unique ways to remember departed loved ones. From elegant ashes rings to comforting teddy bears, the site offers a variety of options for incorporating ashes or hair into lasting tributes. The business also appears to be expanding its product line, with new items frequently added to the online store. It's a family business, and the site emphasizes British craftsmanship.

Financially, The Frame Network Memorial is showing some concerning trends. Current assets have fallen by a significant 39%, dropping to £7,700, while equity has plummeted 87% to just £510. Bank cash has also decreased by 43%, down to £6,700. Although creditors have also decreased by 18%, the sharp decline in equity and cash reserves suggests the company is burning through money. Turnover has also fallen by 18%, down to £77,000. 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 is exempt from an audit, and the financial statements are unaudited.

While the company’s Google rating is excellent, the financials paint a more complex picture. The decline in profits and cash reserves suggests the business is facing financial pressures, and it's important to see if they can turn things around.

Registered in Scotland under the registration number SC494571, with a registered address at ML7 4BA, Scotland, Shotts, 191 Station Road.

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