Cape Mohair Ltd

Cape Mohair Ltd, based in Poole, UK, is a small, active company founded eleven years ago in 2013. With a single employee and £15,832 in assets, it's a solo-founded operation led by one director and owner. The company operates from a virtual address—113 other companies share the same location—and is a regular importer, primarily of textile products, used clothing, and rags, with 23 months of import activity recorded.

The company’s website showcases Cape Mohair as a leading sock developer and producer, specializing in design and technical fields. They pride themselves on delivering high-quality products, anticipating market needs, and raising industry standards. They provide private label programs in high-quality fashion and technical socks, offering in-house services including ideation, design development, sampling, and production. The website emphasizes innovation meeting tradition, sustainability, and even offers collaboration opportunities.

Financially, Cape Mohair Ltd presents a mixed picture. Current assets have plummeted by 70%, dropping to just £16,000, while net assets have seen a dramatic decrease of 4,300%, landing at -£19,000. Cash bank on hand, however, has increased by 34%, reaching £5,500. Creditors have also decreased by 34%, suggesting better debt management, but trade debtors have vanished completely. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the significant equity drop is concerning. With no auditor mentioned, the figures are unaudited.

The sharp decline in equity and assets, despite a rise in cash, suggests the company may be burning through money. Perhaps increased operational costs or investments in production have impacted profitability. The reliance on imports, while a core business function, could also be a vulnerability given global supply chain fluctuations.

Registered in England/Wales under the registration number 08612281, with a registered address at BH14 8UF, Poole, Dorset, 21 Church Road, Parkstone.

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