Unknown Ltd

Unknown Ltd is a small, active company based in Ilford, UK, founded six years ago in 2019. It’s a family business with four directors and two owners, operating an e-commerce site. The company’s registered address is real, with only one other company registered there.

The business primarily sells goods via mail order and online, also engaging in artistic creation, retail sales in non-specialised stores, and support activities for the performing arts. Its website, Unknown London, showcases a range of clothing and accessories, with a focus on quality and unique designs. The site has a clean, modern aesthetic and a strong emphasis on customer service, offering free UK shipping for orders over £150. It’s a pretty good looking site, too.

Financially, Unknown Ltd is showing some concerning trends. While its assets remain at £96,000, net assets have fallen to -£9,600, a significant drop. Bank borrowings have increased substantially, reaching £29,000, and cash reserves have dwindled to just £4,100. Trade debtors have also risen, suggesting potential issues with customer payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s reliance on online sales and its lean management structure offer agility, but the declining equity and increased debt raise questions about its long-term viability. It’s a little worrying, to be honest.

Registered in England/Wales under the registration number 11841072, with a registered address at IG5 0TN, England, Ilford, Essex, 84 Kirkland Avenue.

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