Urbee Ltd

Urbee Ltd is a small, active company based in London, UK, founded six years ago in 2019. With £5,064 in assets and a virtual address shared by many other businesses, it operates as an e-commerce site selling bee-themed gifts and home fragrance products. The company has one director and two owners, although the list of owners isn't exhaustive.

The website, Urbee, showcases a range of products including candles, reed diffusers, honey, seeds, and gift sets, all with a focus on sustainability and supporting bee populations. It emphasizes ethical sourcing, handmade goods, and partnerships with British businesses, even donating a percentage of profits to the invertebrate conservation charity Buglife. The site also highlights educational resources for children and promotes conservation efforts.

Financially, Urbee Ltd is showing some concerning trends. Cash bank on hand has decreased by 38%, and net assets and liabilities have both increased by 11% to -£15,000. Creditors have risen significantly by 67% to £20,000, while cash reserves are low at just £370. Although the company meets the criteria for a small business, the decline in assets and increase in debt could indicate financial strain. The lack of employees (zero reported) suggests a lean operation, but the reliance on external funding—indicated by the increased bank overdraft—raises questions about its long-term viability. With no auditor mentioned, the figures are unaudited, adding another layer of uncertainty. It seems like the company is burning through money, but it's also trying to build a brand around sustainability and ethical practices.

Registered in England/Wales under the registration number 11813167, with a registered address at E14 9NN, England, London, C/O The Accountancy Partnership Suite 5, 5th Floor, City Reach, 5 Greenwich View Place.

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