Ashanti Empress Limited
- Small
- Active
- 1 year
- 1 employee
- £10,845 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ashanti Empress Limited is a small, active company from Weston-Super-Mare, UK, founded just one year ago. It’s a solo founder operation, employing a single person and holding £10,845 in assets. The company operates an e-commerce site selling vibrantly coloured African print clothing, with a real address and one director.
The website, Ashanti Empress, showcases a wide range of clothing, from dresses and tops to jackets and accessories, all featuring unique African prints. It emphasizes ethically created garments from Ghana, offering free UK shipping over £150. The site highlights the company's collaboration with 35 Ghanaian tailors and craftspeople, paying them fair wages and providing training. The brand's ethos is clearly about celebrating African culture and empowering local artisans.
Financially, Ashanti Empress Limited’s report shows a mixed picture. While bank borrowings increased by 200%, reaching £10,000, cash reserves also rose by 25%, settling at £3,000. Trade debtors decreased by 15%, suggesting improved payment collection. However, the company’s equity dropped by 50%, falling to just £600. The lack of employees (one reported) indicates a lean operation, and with no auditor mentioned (likely exempt as a small company), the figures are unaudited.
The increase in borrowings and the decrease in equity could be signs of a startup investing in growth, but it also suggests a need for careful financial management. Despite this, the strong online presence and focus on ethical sourcing position Ashanti Empress Limited well in the competitive fashion market—although it would be nice to see more details on the business’s turnover.
Registered in England/Wales under the registration number 15086313, with a registered address at BS23 2RN, England, Weston-Super-Mare, 31 Montpelier.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Honnor Ruby Maya
- 1 year
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Honnor Ruby Maya
- 1 year
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
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Previous accounting period shortened from 2024-08-31 to 2024-03-31Download 1 page pdf report
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Confirmation statement made on 2024-04-16 with no updatesDownload 3 pages pdf report
FAQ about Ashanti Empress Limited
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