Undone London Studios Ltd
- Small
- Active
- 3 years
- £1,385 (assets)
- Real address
- 2 directors
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Undone London Studios Ltd is a small, active company based in London, UK, founded three years ago in 2021. It operates as an e-commerce business, selling sustainably and ethically sourced home decor products. The company has a real registered address, two directors, and one owner who is also the solo founder. Its assets are currently reported at just £1,385.
The company’s website, Undone London, showcases a curated collection of candles, prints, incense, reed diffusers, decor, textiles, and drinkware. It emphasizes people and environmental responsibility, sourcing exclusively from small businesses and focusing on design that looks good and makes customers feel good. The site highlights a commitment to sustainability, with a focus on reducing CO2 emissions and preserving water.
Financially, Undone London Studios Ltd is showing some concerning trends. Current assets have dropped significantly by 76%, plummeting to just £1,400. Equity has also taken a massive hit, decreasing by 3,300% to a negative £5,700. Bank borrowings have increased, and cash reserves have fallen. While creditors have also increased, it’s clear that the company is experiencing financial strain. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s agile, but the equity decline is a red flag. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.
It's possible the company is burning through cash as it invests in its e-commerce platform and marketing efforts. The drop in assets and negative equity suggest it may be struggling to generate sufficient revenue to cover its expenses. However, the strong focus on sustainability and ethical sourcing could be a differentiator in the competitive home decor market, potentially attracting loyal customers and driving future growth.
Registered in England/Wales under the registration number 13715187, with a registered address at N1 6ES, England, London, Flat 123 Royal Oak Court, Pitfield Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Panova Debora Plamenova
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Panova Debora Plamenova
- 3 years
-
Resident of United Kingdom
-
Individual
- Penkova Teodora Yordanova
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-10-31 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-11-30Download 8 pages pdf report
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Confirmation statement made on 2023-10-31 with no updatesDownload 3 pages pdf report
FAQ about Undone London Studios Ltd
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