We Are Looped Ltd

We Are Looped Ltd is a small, active company based in London, UK, founded four years ago in July 2020. With two directors and two owners, the company employs just two people and operates from a real address at 14 Caldecott Way. The business is involved in the wholesale and retail of textiles, clothing, and footwear, both online and through stalls and markets.

The company's website, while not directly selling products, acts as a portal for a managed technology provider called The One Point. It’s a bit confusing, but We Are Looped Ltd seems to be a subsidiary or partner focused on digital services and technology solutions. The site highlights services like IT support, cybersecurity, cloud backups, and Microsoft expertise, targeting sectors like healthcare, education, and manufacturing. It's clear they're not a typical e-commerce operation; instead, they're offering B2B technology services.

Financially, We Are Looped Ltd’s picture is mixed. While assets stand at £11,098, net assets have fallen significantly to -£24,000, a substantial drop from the previous year. Cash reserves have also decreased, falling to £4,000. Loans from directors have increased dramatically, rising to £11,000. Trade creditors have decreased slightly, suggesting better management of short-term debts. The company meets the criteria for a small company, with turnover under £10.2 million and assets under £5.1 million. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp decline in equity and the increased reliance on director loans suggest the company may be burning through cash. However, the focus on B2B technology services and the partnership with The One Point could provide a stable revenue stream. It’s possible the company is reinvesting heavily in its digital services offering, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 12748117, with a registered address at E5 0DA, England, London, 14 Caldecott Way.

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