Bluecrossleather Ltd

Bluecrossleather Ltd from Stirling UK: small company, active status, founded 5 years ago, 1 employee, £11,975 assets, real address, 1 director, 1 owner, solo founder, e-commerce site. It’s a private limited company registered in Scotland with the registration number SC654607. The company was founded five years ago on February 2020, and registered at FK7 7AH, Scotland, Stirling. The address is probably real as only two companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website, Bluecrossleather, showcases a range of leather goods, likely sold directly to consumers. While the site’s design is simple, it suggests a focus on quality and craftsmanship. It’s an e-commerce site, clearly aiming to reach a broad customer base. There's no indication of export activity.

Financially, Bluecrossleather Ltd presents a mixed picture. Cash reserves increased dramatically by 540%, reaching £5,100, a positive sign. However, net assets remained negative at -£2,500, indicating the company is still burning through cash. Creditors increased by 37%, suggesting a reliance on short-term financing. Loans from directors also increased significantly, by 53%, to £15,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's accounts were prepared using Taxfiler software. It’s clear the business is still in its early stages, and while the increase in cash is encouraging, the negative equity suggests it’s operating on a tight budget. Whether Bluecrossleather can sustain its growth and turn a profit remains to be seen, but the focus on online sales and quality products gives it a good foundation.

Registered in Scotland under the registration number SC654607, with a registered address at FK7 7AH, Scotland, Stirling, 35 Berryhill, Cowie.

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