Aphrodite Clothing Limited

Aphrodite Clothing Ltd from Mansfield UK: a small, holding company with an active status, was founded 23 years ago in 2001. It employs 43 people and holds assets worth £1,229,953. The company operates from a virtual address, a fact that is a little concerning, and is managed by two directors and one owner. It regularly imports clothing and accessories made by knitting or crocheting (96 months) and exports clothing and accessories, not knitted or crocheted (107 months).

The company’s website is currently unavailable, so it’s difficult to determine the specifics of its operations. However, the company operates in the retail sale of clothing in specialised stores industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

A review of the company’s financial data reveals a mixed picture. While cash reserves increased by 36% to £5,300, net assets decreased by 18% to £640,000. Bank borrowings have increased significantly, rising by 72% to £200,000, and trade debtors have fallen by 33% to £53,000. Interestingly, creditors have risen by 27% to £760,000. The company's fixed assets have decreased by 2.1% to £200,000. The company’s financial statements are unaudited, which is typical for a small company.

The rise in bank borrowings and decrease in net assets suggest that Aphrodite Clothing Ltd may be burning through cash. However, the decrease in trade debtors indicates improved debt management. The company's small size allows it to be agile, but the financial pressures need to be monitored. The directors changed four months ago, which could be a sign of change.

Registered in England/Wales under the registration number 04233675, with a registered address at NG20 8RY, England, Mansfield, Unit A Brook Park East Road, Shirebrook.

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