Echo Fashion Ltd
- Small
- Active
- 9 years
- 10 employees
- £936,748 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Echo Fashion Ltd, based in London, UK, is a small, active company founded nine years ago. With ten employees and £936,748 in assets, it operates from a real address and is led by one director and owner. The company regularly imports knitted or crocheted fabrics – 58 months of import activity were recorded, with the last operation in February 2025 – but exports irregularly, with just one month of activity in March 2021.
The company’s website, Echo Sourcing, paints a picture of a design-to-delivery fashion house supplying global retailers and brands. It boasts a state-of-the-art factory, Echotex, and a global network of partners, crafting high-quality, responsibly made fashion. The company's creative hub in Camden, London, drives trendled design, and it focuses on delivering fashion with a seamless approach. Echo Sourcing’s mantra revolves around Planet, People, Product, and Partner, aiming for a sustainable and ethical future. The website highlights its owned factories, employing over 20,000 skilled workers, and emphasizes its commitment to environmental innovations.
Financially, Echo Fashion Ltd shows a mixed picture. Current assets decreased by 15% to £940,000, while net assets remained steady at £660,000. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 8.6% to £170,000. Trade debtors decreased by 16%, suggesting improved collections, but creditors also dropped by 19%, which could indicate a need for more credit. 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 agility, but the increase in bank borrowings raises questions about its financial health. With no auditor mentioned, the figures rely on unaudited statements.
The company’s depreciation expenses have seen some changes, with Plant Machinery increasing by 2.1% and Vehicles experiencing a significant jump of 62.0%. This could indicate investments in equipment, but also a need to manage these costs effectively. The company’s focus on sustainability and ethical practices, as highlighted on its website, suggests a long-term vision, but its financial performance will need to be closely monitored to ensure its continued success.
Registered in England/Wales under the registration number 09885974, with a registered address at N22 8JA, London, C/O Arithmetics 389c High Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 9 years
-
Resident of Turkey
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 6 pages pdf report
-
Confirmation statement made on 2024-07-23 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2022-12-31Download 6 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Echo Fashion Ltd
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