The Level Collective Limited

The Level Collective Limited is a small, active company based in Redruth, UK, founded nine years ago in March 2016. It operates as a solo-founded e-commerce business with a single director and one employee, holding assets of £19,635. The company’s real address is at 3 Claremont Road, TR15 1LP, and it’s registered with just one other company at the same address.

The Level Collective Limited specializes in retail sales via mail order and the internet, offering a range of British-made products including sustainable backpacks, clothing, and tools. Its website showcases a commitment to ethical sourcing and craftsmanship, with a focus on wool knitwear, organic t-shirts, and waxed cotton backpacks. The site also features a blog and journal highlighting the company's story and values, emphasizing a connection to nature and adventure.

Financially, The Level Collective Limited is showing some concerning trends. While the company is small, meeting two of three criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has plummeted by 71%, dropping to just £9,400. Cash reserves have also taken a hit, declining by 94% to a mere £1,500. Trade debtors have increased significantly, rising by 900% to £1,300, which could indicate difficulties in collecting payments. On a positive note, creditors have decreased by 29%, suggesting improved debt management. With no auditor mentioned, the figures are unaudited.

Overall, The Level Collective Limited is facing financial headwinds. The sharp decline in equity and cash reserves suggests the company is burning through money, although it’s difficult to say if this is a temporary situation or a more long-term challenge. The business seems to be operating well on the e-commerce side, but the financial data raise questions about its sustainability.

Registered in England/Wales under the registration number 10038493, with a registered address at TR15 1LP, England, Redruth, Cornwall, 3 Claremont Road.

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