Charles Accessories Ltd

Charles Accessories Ltd, based in Southall, UK, is a small, active company founded six years ago. It’s a solo-founded operation with one director and owner, operating an e-commerce site and importing glass and glassware irregularly—just two months of imports recorded as of 2020. The company’s website showcases a wide range of Scottish wholesalers jewellery and accessories, catering to a trade audience. It's a real address with only one company registered at the same address. Accounts are currently overdue by 18 days.

The business specializes in wholesale of electronic and telecommunications equipment and parts, and its website, Charles Buyers, offers a vast selection of Sgian Dubhs, kilt pins, cufflinks, and other Scottish-themed items. It's a trade-focused platform with a "Charles Buyers" section, a downloadable brochure, and an option to register for a trade account. Featured products include heather bead bracelets, adjustable sticks, and Celtic pendants, demonstrating a focus on traditional Scottish craftsmanship.

Financially, Charles Accessories Ltd shows a mixed picture. Cash bank on hand increased by a significant 260% to £5,600, and current assets jumped 170% to £45,000. However, net assets also saw a dramatic shift, dropping 130% to £4,600. Bank borrowings decreased by 25% to £29,000, and creditors also fell by 25% to £29,000. While the company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the decline in equity is concerning. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

Overall, Charles Accessories Ltd seems to be navigating a period of change. The increase in cash and assets suggests some positive momentum, but the decrease in equity warrants closer attention. The company's focus on niche Scottish products and trade customers may help it weather any financial challenges, but it’s a situation to monitor.

Registered in England/Wales under the registration number 11486587, with a registered address at UB2 4BD, England, Southall, Unit H02 Bridge Road.

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