Cashmere Republic Limited

Cashmere Republic Limited is a small, active company based in London, UK, established 22 years ago in 2002. With six employees and £484,777 in assets, it operates from a real address and is led by two directors and owners. The company runs an e-commerce site and regularly imports clothing and accessories (excluding knitted or crocheted items), with 98 months of import activity recorded. It also exports clothing and accessories made by knitting or crocheting, boasting 339 months of export activity.

While the company’s website showcases a wide range of cashmere products and caters to international customers, its financial performance reveals a mixed picture. Net assets have remained consistent, at -£430,000, and cash reserves have decreased by 57% to £10,000. Bank borrowings have increased significantly, rising by 21% to £55,000, and creditors have decreased by 45%, suggesting improved debt management. Trade debtors have also decreased by 5%, indicating a more efficient collection process.

The company’s small size—meeting two of three criteria for being classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for agility, but the decrease in cash reserves warrants attention. The company’s focus on wholesale textiles, as indicated by its SIC code, suggests a B2B model, and the wide range of currencies supported on its website points to a global reach. With no auditor mentioned, the financial statements are unaudited. Overall, Cashmere Republic Limited appears to be navigating a challenging economic climate while maintaining its core business of importing and exporting cashmere goods.

Registered in England/Wales under the registration number 04581695, with a registered address at EC2A 4NE, England, London, 86-90 Paul Street.

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