Bloomsbury Mill Ltd

Bloomsbury Mill Ltd, based in Southampton, UK, is a small, active company founded eight years ago. With two employees and £357,887 in assets, it operates as a solo-founded e-commerce business, boasting a stellar 5.0 Google rating from nine reviews. The company regularly imports and exports various textile products, sets, used clothing, and rags—19 months of imports and 10 months of exports recorded.

The company’s website showcases a wide range of children’s bedding textiles, from duvet sets and sheets to muslins and blankets. It emphasizes award-winning designs, competitive pricing, and a commitment to quality and sustainability. The site also features a blog with tips for home organization and a gifting section, demonstrating a focus on customer engagement.

Financially, Bloomsbury Mill Ltd presents a mixed picture. Current assets have decreased by 29% to £360,000, while net assets have fallen dramatically by 6300%, landing at -£45,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves have declined by 46% to £39,000. Creditors have also decreased by 40%, suggesting improved debt management. The company meets two of three criteria to be classified as small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, relying on unaudited financial statements.

The large decrease in equity is a notable trend, potentially indicating increased expenses or reduced profitability. The surge in bank borrowings suggests a need for additional funding. The company’s solo founder and director, James Robert Niels White, seems to be working hard to keep the business afloat, but the financial data suggests it’s facing some challenges.

Registered in England/Wales under the registration number 10204885, with a registered address at SO15 2JU, United Kingdom, Southampton, Clockwise Mountbatten House, 1 Grosvenor Square.

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