Colhay's Limited

Colhay's Limited is a small, active company based in London, UK, founded six years ago in 2018. It’s a solo-founder operation with a single director and owner, Chiu Ronnie, and employs just three people. The company holds £242,737 in assets and operates a real address in Brickfields Business Centre. Colhay's specializes in luxury knitwear made in Scotland, selling through an e-commerce site and focusing on high-quality materials like cashmere, merino wool, and silk. It regularly exports clothing and accessories made by knitting or crocheting, with 19 months of export activity recorded, the latest in January 2025.

The company’s website showcases a wide range of knitwear, from shawls and cardigans to polos and rollnecks, emphasizing craftsmanship and heritage. It partners with renowned Scottish knitters and yarn spinners, highlighting the provenance of its materials and the meticulous production process. The site also features lookbooks, journal entries, and customer care information, creating a premium brand experience. It's a retail sale via mail order houses or via internet industries.

Financially, Colhay's Limited presents a mixed picture. Cash reserves have increased significantly, jumping 340% to £110,000, a positive sign of improved liquidity. However, trade debtors have decreased by 31%, suggesting slower customer payments or a shift in credit policies. Creditors have also fallen by 36%, which could indicate better debt management. Equity has seen a healthy increase of 25%, reaching £180,000, reflecting retained earnings. While the company meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decrease in debtors could be a cause for concern. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Colhay's Limited appears to be financially stable, with strong cash reserves and growing equity. The increase in cash reserves is a good sign, but the decrease in debtors warrants monitoring. The company’s focus on high-quality knitwear and its commitment to Scottish craftsmanship position it well in the luxury market, though it’s important to keep an eye on its debtors.

Registered in England/Wales under the registration number 11656436, with a registered address at E2 8HD, England, London, Bk211 Brickfields Business Centre, 37 Cremer Street.

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