Their Story Ltd

Their Story Ltd, based in Quarry Bank, UK, is a small, active company founded seven years ago. With £11,740 in assets and a yearly revenue of £1,680, it's a modest operation run by a solo founder and two directors. The company’s real address is registered at The Vicarage, Maughan Street, and only one other business is registered there.

Their Story Ltd operates in the retail sector, specifically focusing on selling textiles, goods via stalls and markets, and mail order/internet sales. The company’s website reveals a charitable focus, specializing in mentoring young people who are disengaged from society. It challenges, inspires, and supports young people, helping them develop skills and confidence. The charity works with young people aged 11-18, often from low-income households, and has supported over 1000 young people since 2019.

Financially, Their Story Ltd shows some concerning trends. While cash reserves increased slightly to £7,800, net assets decreased to £2,400. Turnover declined by 20% to £1,700, and operating profit turned positive at £400 after a previous loss of £660. Creditors remained steady at £4,700. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and no employees reported. As a small company, it's exempt from an audit, and the financial statements are unaudited.

The decrease in turnover and the reliance on owner’s loans suggest potential financial pressures, though the positive operating profit offers a glimmer of hope. The charity's focus on mentoring and support, however, highlights a social mission that goes beyond purely financial metrics.

Registered in England/Wales under the registration number 10832030, with a registered address at DY5 2DN, United Kingdom, Quarry Bank, West Midlands, The Vicarage The Vicarage, Maughan Street.

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