Argyle International Limited

Argyle International Limited is a small, active company based in Tranent, Scotland, founded nine years ago in 2015. With fifteen employees and £2,482,680 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports clothing and accessories (excluding knitted or crocheted items) – a total of 217 months of import activity – and exports toys, games, and sports equipment for fourteen months, with the latest export in December 2024.

The company’s website showcases a range of products focused on safety and hygiene, including foggers, thermometers, sanitising solutions, and travel flasks. It appears to be primarily an e-commerce business, offering products for sale online and emphasizing contactless solutions and duty of care for visitors. The site also features a blog, though it currently displays no content.

Financially, Argyle International Limited shows some interesting trends. Current assets have increased by 23%, reaching £2,500,000, while net assets have also risen by 25%, hitting £1,700,000. Bank borrowings have completely disappeared, a positive sign, and cash reserves have grown significantly by 68%, now standing at £1,000,000. However, other creditors have jumped dramatically, increasing by 3100%, reaching £150,000—a potentially concerning development. Trade debtors have decreased by 63%, suggesting better payment collection. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it is exempt from an audit, and the figures are unaudited.

The company's focus on safety products seems to have benefited from recent events, but the sharp increase in other creditors warrants further investigation. The company's ability to maintain its growth while managing its liabilities will be key to its long-term success.

Registered in Scotland under the registration number SC515545, with a registered address at EH33 2GZ, Scotland, Tranent, 35 Kemp's End.

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