Twentytwoyards Ltd

TwentyTwo Yards Ltd is a small, holding company based in London, UK, with an active status. Founded ten years ago in 2014, it holds just £10,874 in assets and operates from a virtual address, registered with ten other companies. The company has two directors and one owner, and is irregular importer, with its top import category being Toys, games, and sports equipment, totaling 2 months of imports. The last import operation was conducted on March 01, 2017.

The company's website, TwentyTwo Yards, is primarily a content-driven platform focused on cricket culture. It features articles, interviews, and galleries showcasing various aspects of the sport, from stroke play to custom footwear. There's a strong emphasis on photography and storytelling, with sections dedicated to interviews with players and profiles of cricket clubs. The site doesn't appear to be a traditional e-commerce platform; instead, it seems designed to build a community around cricket and promote a lifestyle associated with the sport.

Financially, TwentyTwo Yards Ltd is showing some concerning trends. Current assets have dropped significantly, falling 71% to just £11,000, while net assets have also declined, down 59% to -£11,000. Cash reserves have plummeted 56% to £11,000. Debtor levels are down 100%, suggesting a change in payment terms or a reduction in sales. While creditors have decreased by 10%, the overall picture suggests the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. No auditor is mentioned, so the figures are unaudited.

The company’s focus on content and community building, combined with its financial struggles, suggests a business model that may be difficult to sustain. While the website has a strong visual appeal and a dedicated following, it’s unclear how it generates revenue beyond potential advertising or merchandise sales.

Registered in England/Wales under the registration number 09173421, with a registered address at N13 4BS, England, London, 483 Green Lanes, London Green Lanes.

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