Thousand Fibres Ltd

Thousand Fibres Ltd is a small, active company based in London, UK, founded six years ago in 2018. With a single employee and £86,582 in assets, it operates from a virtual address, a common characteristic for smaller online businesses. Two directors and two owners, likely family members, manage the company, which runs an e-commerce site selling jewellery.

The website, Thousand Fibres, showcases a range of protective threads and symbolic tokens, emphasizing courage and connection. It offers necklaces, earrings, rings, and bracelets, crafted from materials like 18ct gold vermeil, sterling silver, and pearls. The site’s design and product descriptions highlight a focus on meaningful, intention-bound jewellery, with each piece incorporating colour symbolism and protective threads. The company operates in the manufacture of jewellery and related articles, as well as retail sales via the internet.

Financially, Thousand Fibres Ltd presents a mixed picture. Accumulated depreciation for computer equipment increased by 57%, while plant machinery depreciation rose by 22%. Cash bank on hand decreased by 19% to £46,000, and net current assets liabilities increased by 76% to £31,000. Trade debtors have risen significantly, increasing by 110% to £38,000, which could indicate a need to manage customer payments more effectively. Despite these challenges, creditors decreased by 48%, suggesting improvements in debt management. The company’s small size, meeting two of three criteria for a small company, allows for flexibility, but the rise in debt needs to be monitored. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 11557358, with a registered address at N1 7SR, England, London, International House, 64 Nile Street.

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