Design And Sourcing Knit Ltd

Design And Sourcing Knit Ltd from Slough UK: small company, active status, founded 6 years ago, 1 employee, £169,513 assets, real address, 1 director, 1 owner, solo founder. Regular importer of clothing and accessories made by knitting or crocheting (35 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £169,513. The company is a regular importer, with its top import category being Clothing and accessories made by knitting or crocheting, totaling 35 months of imports. The last import operation was conducted on February 01, 2025.

Design And Sourcing Knit Ltd appears to be a wholesale operation, focused on sourcing and supplying knitted and crocheted clothing and accessories. There's no website to analyse, so it's difficult to determine the scale of their online presence or direct-to-consumer activities. It seems they operate behind the scenes, providing goods to retailers or other businesses rather than selling directly to the public.

Financially, Design And Sourcing Knit Ltd shows a mixed picture. While current assets have decreased slightly to £170,000, cash reserves have increased significantly by 66% to £120,000. Creditors have also decreased by 18%, suggesting improved debt management. However, the company’s net assets remain relatively stable at £110,000. A notable trend is the substantial increase in trade debtors, rising by 230% to £45,000 – this could indicate a shift in payment terms with customers, or perhaps some outstanding invoices. The company’s small size (meeting two of three criteria) allows for flexibility, but the slight decrease in overall assets is something to keep an eye on. With no auditor mentioned, the financial information is unaudited, so it’s important to view it with a degree of caution. The company’s sole employee, presumably the founder, is managing all aspects of the business, which could be both a strength and a challenge as the company grows.

Registered in England/Wales under the registration number 12003172, with a registered address at SL1 5DY, United Kingdom, Slough, Berkshire, 19 Millstream Lane, Cippenham.

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