Weve2050 Ltd

Weve2050 Ltd, based in London, UK, is a small, active company founded three years ago. With two employees and £84,245 in assets, it operates from a real address and is led by one director and owner. Boasting a stellar 5.0 Google rating from 22 reviews, the company is an irregular importer of paper and paperboard products, with just one month of import activity recorded.

The company’s website showcases a sustainable fashion brand with a focus on ethical design and production. It offers a range of clothing, jewelry, and knitwear collections, emphasizing natural fibers, plant-based dyes, and upcycled materials. The brand's mission is to align with the United Nations Sustainable Development Goals, promoting a circular economy and supporting environmental responsibility. The site also features a "Talents Hub" and a blog, suggesting a focus on community engagement and brand storytelling.

Financially, Weve2050 Ltd's recent report shows some concerning trends. While current assets increased by 67% to £84,000, cash reserves plummeted 83% to just £8,500. Creditors rose by 54% to £92,000, and tax liabilities increased by 200% to £5,400. The company’s net assets remain negative at -£7,600, indicating it's burning through cash. The number of employees increased by 150% to five, which could be a sign of growth, but also increased overhead. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the significant cash drain raises questions about its long-term viability. The accounts are unaudited and exempt, relying on director-reported data.

Overall, Weve2050 Ltd appears to be a promising brand with a strong commitment to sustainability, but its financial performance suggests it's facing challenges. The company’s ability to secure funding or generate sufficient revenue will be crucial for its future success.

Registered in England/Wales under the registration number 13855978, with a registered address at WC2H 9PS, England, London, Ground Floor 38 Neal Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.