Accessory World (gg) Limited

Accessory World Gg Ltd from Manchester UK is a small, active company founded ten years ago. While the business is currently operational, accounts are overdue by three months, and it employs just one person. The company holds £604,767 in assets and operates from a virtual address, managed by a single director and owner—a solo founder. It regularly imports and exports clothing and accessories made by knitting or crocheting, with 247 months of import activity and five months of export activity.

The company's website, Accessory World Fashion, showcases a wide range of clothing and accessories for women, girls, boys, and babies, including skirts, shirts, swimwear, and hair accessories. It also offers gift cards and a sale section. The site clearly operates as an e-commerce business, with a focus on online retail. It boasts a user-friendly interface, secure payment options, and a rewards program—earning and redeeming points for future purchases.

Financially, Accessory World Gg Ltd presents a mixed picture. Accrued liabilities increased by 7.5% to £41,000, while accumulated depreciation grew by 11% to £230,000. Cash bank on hand improved significantly, rising 59% to £4,800. However, creditors increased by 13% to £820,000, and net assets decreased by 23% to -£87,000. The company’s small size—meeting two of three criteria for a small company—helps it stay flexible, but the decline in equity is concerning. There is no auditor mentioned, which is likely due to the company being exempt as a small business.

Overall, Accessory World Gg Ltd appears to be navigating a challenging financial landscape. While the e-commerce side seems active and well-stocked, the increasing debt and declining equity suggest it's burning through money. Whether it can sustain its operations and turn a profit remains to be seen.

Registered in England/Wales under the registration number 09215353, with a registered address at M25 0TL, England, Manchester, 2nd Floor Parkgates Bury New Road, Prestwich.

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