Dolly Wears Ltd

Dolly Wears Ltd is a small, holding company based in Grantham, UK, with an active status. Founded five years ago in December 2019, the company employs just two people and holds £599,467 in assets. It operates a real address and is led by one director and one owner. The business primarily runs an e-commerce site and irregularly imports clothing and accessories (not knitted or crocheted), with its last import activity recorded one month ago in May 2020.

The company’s website, Dolly Wears, is a girls’ clothing store offering a wide range of items, from spring collections and nightwear to dresses and shoes. It caters to customers across Europe and beyond, accepting payments via various methods, including American Express and PayPal. The site also features a mailing list sign-up for exclusive offers and a cookie policy explaining its use of technology to enhance the user experience. The site has a good selection of products, and a search function is available.

Financially, Dolly Wears Ltd presents a mixed picture. While bank borrowings decreased by 26%, cash reserves have significantly increased by 160%, reaching £470,000. However, other inventories have plummeted by 62%, suggesting a possible shift in stock management or reduced purchasing. Creditors have also risen by 17%, and trade creditors have increased by 500%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuating inventory levels warrant attention. The company has no auditor mentioned, and the financial statements are unaudited.

Overall, Dolly Wears Ltd appears to be navigating a period of change. The increased cash reserves are encouraging, but the decrease in inventory and rise in creditors suggest a need for careful financial management.

Registered in England/Wales under the registration number 12349265, with a registered address at NG31 7BU, England, Grantham, Lincolnshire, 85 Hudson Way.

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