Zen Collectibles Ltd

Zen Collectibles Ltd is a small, active company based in Newcastle Upon Tyne, UK, founded three years ago in September 2021. It’s a family business with two directors and two owners, employing just two people and holding £78,593 in assets. The company operates an e-commerce site and specializes in retail sales via mail order and internet industries. Its registered address is real, with only one other company registered at the same location.

The company’s website, ZenCave Collectibles, showcases a wide range of Funko Pops, anime figures, and other collectibles. It’s clear that they focus on importing and sourcing unique items, catering to a dedicated fanbase. The site includes a "ZenCave Story" section highlighting their passion for collectibles and commitment to customer satisfaction, and even offers a WhatsApp group for customers to join. The site is well-designed and easy to navigate, with clear product descriptions and secure payment options.

Financially, Zen Collectibles Ltd presents a mixed picture. While current assets increased by 32% to £79,000, cash reserves plummeted 94% to just £1,700—a significant drop. Bank borrowings are not reported, but creditors increased by 31% to £71,000. Finished goods increased by a staggering 150% to £76,000, which could indicate a build-up of inventory. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decrease in cash reserves is concerning. The accounts are unaudited, as is typical for small companies.

It seems that Zen Collectibles Ltd is growing its inventory, which is good for sales, but it's also burning through cash at an alarming rate. Whether they can manage their finances and sustain this growth remains to be seen—but for now, they’re betting on their passion for collectibles and a loyal customer base.

Registered in England/Wales under the registration number 13654051, with a registered address at NE13 7BA, England, Newcastle Upon Tyne, Communication House Brunswick Industrial Estate, Brunswick Village.

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