Threadwells Limited

Threadwells Limited, based in Woodford Green, UK, is a small, active company founded fifteen years ago in 2009. It’s a solo-founded operation with a single director and owner, Chima Jagdev Singh, and holds just £3,640 in assets. The company operates from a virtual address, shared by 743 other businesses, which is a bit odd, isn’s it? It specializes in retail sales via mail order and the internet, with a focus on esoteric books and related items.

The company’s website, Treadwell’s Books, is a well-established online and brick-and-mortar shop catering to a niche market. It offers a wide range of stock, from rare and unusual books to tarot readings and membership programs. The site also hosts regular online lectures and workshops, and even has a loyalty scheme. It’s a pretty comprehensive offering for anyone interested in occultism, magic, and related subjects. They even offer tarot readings, both online and in person, which is a nice touch.

Financially, Threadwells Limited is showing some concerning trends. While it’s a small company—meeting two of three criteria for size—its equity has plummeted to -£10,000, a significant loss. Cash reserves are also low at just £3,640, and creditors stand at £14,000. Bank borrowings are non-existent, which is good, but the negative equity is a red flag. The company’s net current assets liabilities are also at -£10,000. With no auditor mentioned, the figures are unaudited, which isn’t necessarily bad, but it does mean there's less independent verification. It's likely the company is struggling to turn a profit, and it's burning through cash. The lack of employees (zero reported) suggests a very lean operation, but it also limits the company's ability to scale.

Registered in England/Wales under the registration number 06962737, with a registered address at IG8 8HD, United Kingdom, Woodford Green, Essex, 19-20 Bourne Court Southend Road.

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