Wovenbeyond Ltd

Wovenbeyond Ltd, based in Basildon, UK, is a small, active company founded two years ago. It holds £12,113 in assets and operates from a virtual address, registered with 617 other companies – a bit unusual. Run by a single director and owner, it’s a solo venture importing various natural fibers, paper yarn, and fabrics made from paper yarn, with a recent import recorded one month ago. The company's activities involve wholesale and retail of textiles, operating in specialised stores.

The business seems to focus on sourcing unique materials for textile applications, though its website is currently unavailable, making it difficult to gauge its e-commerce presence. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Wovenbeyond Ltd is showing some concerning trends. While cash on hand increased by 130% to £750, current assets dropped by 66% to £12,000. Equity has taken a hit, plummeting 75% to -£15,000, and net current assets liabilities are also at -£15,000. Creditors have risen significantly, increasing 71% to £27,000, and trade creditors and trade payables have decreased by 100% to 0. Inventories have increased by 63% to £11,000. The company operates under the Small Companies Regime, and the accounts are unaudited.

These figures suggest the company is burning through cash, despite increased inventories. It’s possible the recent import activity contributed to this trend, or that the business is facing challenges in converting inventory into sales. The lack of employees (zero reported) indicates a very lean operation, but the negative equity raises concerns about its long-term viability. The company’s reliance on a virtual address, while common, can sometimes indicate a lack of physical infrastructure or a focus on online operations.

Registered in England/Wales under the registration number 14121293, with a registered address at SS14 3JJ, Basildon, Essex, 4 Capricorn Centre, Cranes Farm Road.

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