Cotswold Wears Ltd

Cotswold Wears Ltd, based in Cardiff, UK, is a small, active company founded four years ago. With three employees and £15,627 in assets, it operates as a real address e-commerce site and is owned and directed by Longley Liam Daniel and Morris Jake Elliot. The company regularly imports leather goods, travel bags, and animal harnesses (9 months of imports), and occasionally exports similar items (1 month).

The company's website, Cotswold Wears, specializes in personalized luxury leather goods, offering a range of products like Airpod cases, iPhone cases, and wallets. It caters to Apple and Samsung devices, emphasizing handcrafted quality and personalization options. The site features a "Bespoke Service" for businesses and highlights its commitment to British craftsmanship. A section dedicated to corporate and B2B buying suggests a focus on wholesale opportunities.

Financially, Cotswold Wears Ltd presents a mixed picture. Cash bank on hand increased significantly by 110%, reaching £5,600, but net current assets and liabilities dropped considerably, rising 500% to -£13,000. Creditors increased substantially by 130% to £28,000, and taxation social security payable decreased dramatically by 98% to £170. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the sharp decline in equity—a 850% decrease to -£9,800—raises concerns. The lack of an auditor mentioned suggests it’s likely exempt as a small company, relying on unaudited statements.

The company's growth in cash reserves is a positive sign, but the increasing liabilities and significant equity loss suggest it is burning through money. The website's focus on high-end, personalized goods indicates a strategy to command premium prices, but the financial data suggests it may need to carefully manage its expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 13059666, with a registered address at CF5 4AR, Wales, Cardiff, Unit 9, Ely Brewery Workshops Station Terrace, Ely.

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