Thrive Brands Limited

Thrive Brands Ltd from Beaconsfield UK: a small, active company founded two years ago, employs seven people, and operates from a virtual address. It’s a family business with two directors and two owners, regularly importing clothing and accessories made by knitting or crocheting over the last twelve months. The company’s registration address is HP9 1NB, United Kingdom, Beaconsfield, Buckinghamshire, 22 Wycombe End, but it’s likely virtual as 281 companies share the same address.

Thrive Brands’ website, Candy Thrive Brands, focuses on home products and features a simple layout with sections for “Our Story” and “Contact Us.” It’s clear the company operates primarily through online retail, leveraging GoDaddy for its website hosting and using cookies to analyze traffic and optimize the user experience. There’s no complex e-commerce functionality visible, suggesting a straightforward online store.

Financially, Thrive Brands Ltd shows a mixed picture. While turnover remained steady at £38,000, net assets decreased significantly, dropping 420% to -£730,000. Cash reserves fell 36% to £21,000, while bank borrowings increased substantially, rising 150% to £1.1 million. Creditors also increased, jumping 160% to £1.4 million. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids more stringent reporting requirements. There’s no auditor mentioned, likely due to its status as a small company. The increase in creditors and the significant negative equity suggest the company is burning through cash and relying on external financing. The company’s average number of employees has increased by 29% to nine.

Registered in England/Wales under the registration number 14268195, with a registered address at HP9 1NB, United Kingdom, Beaconsfield, Buckinghamshire, 22 Wycombe End.

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