Clara Fashions Ltd

Clara Fashions Ltd from Leeds UK: a small, active company founded five years ago, employs just one person, and holds £11,207 in assets. It’s a solo venture led by a single director and owner, Raza Syed Haroon. The business operates in the retail sector, specifically through mail order and internet sales, and is an irregular importer, bringing in clothing and accessories made by knitting or crocheting for a total of two months, with the last import operation taking place in May 2022.

The company’s online presence is minimal, and there's no active website to analyze. This suggests a reliance on wholesale channels or direct sales rather than a direct-to-consumer e-commerce strategy. It's possible they supply retailers or operate through online marketplaces.

Financially, Clara Fashions Ltd presents a mixed picture. Current assets have decreased by 14%, falling to £11,000, while cash in the bank has also dropped by 13%, now sitting at £9,200. Equity, however, has seen a significant boost, rising 68% to £1,200, largely due to retained earnings. Interestingly, other creditors have plummeted by a staggering 260%, now at -£1,600 – a potentially positive sign of improved payment terms. Loans from directors have remained stable at £11,000. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is common for small, exempt companies.

Overall, Clara Fashions Ltd appears to be navigating a period of change. The decrease in assets and cash could reflect investments in inventory or marketing, while the increase in equity suggests improved profitability. The significant change in other creditors is a noteworthy detail, though its implications are unclear.

Registered in England/Wales under the registration number 12247406, with a registered address at LS17 7AS, England, Leeds, 5 King Close.

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