Butterfly Commercial Ltd.

Butterfly Commercial Ltd, based in London, UK, is a small, active company established ten years ago. With four employees and £479,727 in assets, it operates from a real address and is overseen by one director and owner. The company regularly imports clothing and accessories (excluding knitted or crocheted items) – 15 months of import activity were recorded, with the most recent in October 2024 – and exports these items irregularly, with just two months of export activity noted, last occurring in March 2024.

The company’s website, salesbutterflyfashion.london, showcases a range of scarves, gloves, hats, and kaftans, primarily targeting boutiques. It operates as an online retailer, requiring minimum orders of three units per product and encouraging customers to call for special needs. The site offers login and registration options for existing and new customers, and trade-only access with a minimum order value of £100. VAT-free delivery is offered for UK mainland orders over £300.

Financially, Butterfly Commercial Ltd presents a mixed picture. Current assets have increased by 5.5% to £480,000, while net assets have risen by 14% to £130,000. However, bank borrowings have decreased by 29% to £24,000, and cash reserves have fallen by 30% to £25,000. Creditors have also decreased significantly, falling by 56% to £72,000. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, likely due to the company’s small size.

The decrease in cash reserves, despite increased assets, suggests the company may be reinvesting in its business or experiencing some financial strain. The significant drop in creditors could indicate improved debt management, but the fluctuating numbers warrant careful monitoring. The company’s focus on wholesale and online retail, combined with its small size, allows for agility but also exposes it to market fluctuations.

Registered in England/Wales under the registration number 09034943, with a registered address at E1 1NL, London, 148 Commercial Road.

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