Wild Spot Studio Limited

Wild Spot Studio Limited is a small, active company based in Cheltenham, UK, founded three years ago in 2021. It operates as a solo-founded business with two directors and a virtual address, holding just £364 in assets. The company runs an e-commerce site selling greeting cards, art prints, and related goods.

The website, Wild Spot Studio, showcases a range of hand-created designs influenced by nature, available as prints, cards, and even original artwork. The site offers a wide selection of cards for various occasions, from birthdays to sympathy, and even includes a wholesale option. The business emphasizes luxury paper goods, handcrafted in the UK, and promotes a commitment to sustainability, using FSC-certified paper and plastic-free packaging. The website also features a blog and customer reviews, highlighting the quality and style of the products.

Financially, Wild Spot Studio Limited is facing some challenges. Current assets have decreased by 27% to £360, while net assets have plummeted 44% to -£4,000. Cash reserves have fallen 33% to just £64, and bank borrowings have increased significantly. While creditors have also increased by 33%, the decline in equity is a cause for concern. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company's reliance on a virtual address and the significant drop in equity suggest potential management issues or a struggle to maintain profitability. However, the strong online presence and positive customer reviews indicate a demand for its products, and the business may be able to turn things around with effective cost management and marketing strategies.

Registered in England/Wales under the registration number 13706628, with a registered address at GL51 6TQ, United Kingdom, Cheltenham, Gloucestershire, Midway House Staverton Technology Park, Herrick Way, Staverton.

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