Comino Couture London Limited

Comino Couture London Ltd from London UK: a small, active company founded eight years ago, employs three people, and holds £54,477 in assets. Operating from a virtual address and led by a solo founder and single director, the company runs an e-commerce site and has a Google rating of 1.0 based on eleven reviews. They regularly import clothing and accessories, not knitted or crocheted, with five months of import activity recorded.

The company’s website, Comino Couture, presents itself as a provider of catwalk fashion at high street prices. It features a range of new collections and a "Grab a Steal" section, emphasizing worldwide shipping and customer care. The site also highlights a commitment to ethical practices, declaring that garment factories do not employ minors and are not tested on animals. The company is owned by Sarah Keable, and the website is designed by Belle Digital.

Financially, Comino Couture London Ltd shows a mixed picture. Cash bank on hand has dramatically increased by 25000%, reaching £760, while current assets have risen by 56% to £54,000. However, net assets have improved by only 16%, settling at -£190,000. Trade debtors have increased significantly, by 1500%, reaching £35,000, while total inventories have decreased by 30% to £7,000. Bank borrowings have remained steady at £25,000. As a small company (meeting two of three conditions for turnover, assets, and employees), it's likely exempt from an audit, and the figures are unaudited.

Overall, Comino Couture London Ltd appears to be navigating a period of change. The increase in cash reserves is a positive sign, but the negative equity and rising debtors suggest the company is burning through money. The solo founder’s management style, while perhaps fostering agility, may also be a limiting factor in the company’s long-term growth.

Registered in England/Wales under the registration number 10691769, with a registered address at EC2A 4NE, England, London, 3rd Floor 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.