Cotswold Knit Ltd

Cotswold Knit Ltd, based in Banbury, UK, is a small, active company established 14 years ago. With a single employee and £18,751 in assets, it operates from a virtual address shared by eleven other companies, and is led by one director and owner, Bernert Anna Kathryn. The company runs an e-commerce site, enjoys a stellar 5.0 Google rating from nine reviews, and irregularly imports wool and animal hair products—just one month's worth as of June 2023.

The company’s website showcases luxury knitwear designed for confident, creative women. It emphasizes sustainably made-in-Britain products, offering scarves, knitwear, and accessories. The site also promotes workshops and events, and features a blog and newsletter for customer engagement. It even has a physical studio in Lower Brailes, Banbury.

Financially, Cotswold Knit Ltd presents a mixed picture. Current assets remained relatively stable at £19,000, but equity took a significant hit, dropping 220% to -£11,000. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 75% to just £2,000. Trade creditors also rose dramatically, increasing by 720% to £1,300. The company’s small size—meeting two of three criteria for a small business—helps it remain nimble, but the sharp decline in equity suggests a potential strain. As a small company, it is exempt from an audit, and the figures are unaudited.

While the company’s website and customer reviews paint a picture of a thriving business, the financials reveal a company burning through money. The increase in debt and decrease in cash reserves suggest it’s relying on borrowing to keep operations running. It’s possible the company is investing heavily in growth, but the lack of profitability raises concerns.

Registered in England/Wales under the registration number 07575966, with a registered address at OX15 6PQ, England, Banbury, Old Bartons High Street, Shutford.

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