Babes London Ltd

Babes London Ltd is a small, active company registered in Preston, UK, with a history spanning twelve years. Founded in 2012, it employs five people and holds assets totaling £980,698. Operating from a virtual address shared by many other businesses, the company is led by a single director and owner, Shams Emal Khan, who also acts as the solo founder. The business runs an e-commerce site specializing in wholesale women's clothing, regularly importing clothing and accessories (excluding knitted or crocheted items) – 59 months of import activity have been recorded, with the latest in September 2023. It has minimal export activity, with just one month of exporting recorded in December 2021.

The company's website showcases a wide range of clothing, from dresses and tops to activewear and outerwear, catering to various styles and occasions. It emphasizes quality, trendiness, and competitive pricing, offering a "discount outlet" and highlighting new arrivals frequently. The site also includes a UK-based call centre and showroom, suggesting a commitment to customer service and a physical presence.

Financially, Babes London Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 160% to £250,000, which is a positive sign. However, creditors have risen 15% to £840,000, and trade debtors remain steady at £720,000. The company’s inventory has decreased by a substantial 78%, dropping to just £12,000—a potential cause for concern. Other creditors have also increased by 7.3% to £110,000, and social security payments are up 40% to £110,000. The company meets the criteria for a small company, with turnover under £10.2m and assets under £5.1m. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company's focus on wholesale and online sales, combined with its increasing cash reserves, suggests a business striving for growth, though the rising debts and decreasing inventory warrant close monitoring.

Registered in England/Wales under the registration number 08207657, with a registered address at PR2 5BQ, United Kingdom, Preston, Ground Floor, Citygate, Longridge Road.

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