Bricks & Stitches Ltd

Bricks and Stitches Ltd, based in Stonegate, UK, is a small, active family business founded six years ago. With five employees and £512,116 in assets, it operates from a real address and is managed by two directors and owners. The company runs an e-commerce site and regularly imports clothing and accessories, not knitted or crocheted, with 16 months of import activity recorded.

The website showcases a wide range of women's and men's clothing, accessories, and homeware, featuring numerous brands like Brodie, FRNCH, and POM Amsterdam. It’s clear the company focuses on offering a curated selection of stylish, contemporary pieces, with a strong emphasis on visual presentation and customer service. The site also features a blog and Instagram presence, highlighting new arrivals and styling tips.

Financially, Bricks and Stitches Ltd shows some interesting trends. While cash reserves decreased by 8.7% to £160,000, creditors increased significantly by 54% to £180,000. Trade debtors also rose dramatically by 80%, which could indicate delayed payments or an expansion of credit terms. On a positive note, bank borrowings decreased by 12%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps maintain agility. Accumulated depreciation on vehicles increased by a whopping 170%, which could be due to the purchase of new vehicles. The company is exempt from an audit, so the financial information is unaudited.

Overall, Bricks and Stitches Ltd appears to be navigating a period of change. The increase in creditors and debtors, alongside a decrease in cash reserves, suggests a need for careful financial management. However, the active e-commerce presence and curated product selection position the company well for continued growth, even if it’s a little tight.

Registered in England/Wales under the registration number 11909489, with a registered address at TN5 7EB, England, Stonegate, East Sussex, The Barn, Cottenden Road.

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