Unicorn Brands Ltd

Unicorn Brands Ltd is a small, active company based in Luton, UK, founded five years ago in 2020. It employs five people and holds £1,849,820 in assets, generating £6,790,866 in revenue annually. A family business with three directors and two owners (Shah Jaimin and Shah Rishi Rajesh), it operates from a real address and is registered with Companies House.

The company’s core business involves retail sale via mail order houses or via internet, and it’s part of a larger group, Unicorn Group, which manufactures a range of products from flooring to hygiene solutions and even medical sackholders. Unicorn Group boasts a dynamic manufacturing business based in Northern Ireland, supplying high-quality products to customers worldwide. The group's brands include FlexiTile and Ecoloc (flooring), Unicorn Hygienics, PFC Rainwater, and Unicorn Urban. The website highlights recent news, including partnerships with industry associations and sponsorships of local events, as well as a focus on innovation and sustainability.

Financially, Unicorn Brands Ltd demonstrates significant growth but also some concerning trends. Turnover has doubled to £6,800,000, but net assets have increased by a more modest 150% to £460,000. Bank borrowings have decreased by 64%, which is a positive sign, but cash reserves have tripled to £530,000. Average number of employees has increased dramatically, from five to twenty-five—a 400% increase—suggesting a period of expansion. Creditors have increased by 610%, and trade debtors have risen by 390%, which could indicate challenges in managing payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant rise in creditors warrants close monitoring. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Registered in England/Wales under the registration number 12539106, with a registered address at LU4 9UR, England, Luton, Bedfordshire, Unit 15 Progress Park, Ribocon Way.

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