Eco Chic Retail Ltd

Eco Chic Retail Ltd, based in London, UK, is a small, active company established fifteen years ago. With a single employee and £164,939 in assets, it operates as an e-commerce site selling reusable bags and accessories, boasting a perfect 5.0 Google rating from one review. The company regularly imports, though its top import category is currently listed as "None," with the last import operation occurring five months ago in October 2021. It has a real address and is managed by two directors and two owners, with ownership changes reported three months ago.

The company's website showcases a wide range of products, from foldable bags and lunch bags to travel cups and waterproof ponchos, often featuring designs inspired by animals, nature, and British landmarks. It emphasizes recycled materials and sustainable practices, targeting environmentally conscious consumers. The site also highlights a National Gallery collection, suggesting collaborations with artists and cultural institutions. Customer reviews are prominently displayed, reinforcing the brand's quality and customer satisfaction.

Financially, Eco Chic Retail Ltd presents a mixed picture. Cash bank on hand increased significantly by 41% to £160,000, while trade debtors completely disappeared, dropping 100% to zero. Creditors, however, increased substantially by 38% to £120,000, and net current assets liabilities rose by 15% to £42,000. 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 increase in creditors and decrease in debtors could indicate challenges in managing cash flow. The company’s accounts are unaudited, as is common for small entities. It is clear the company is doing well with sales, but needs to manage its debts.

Registered in England/Wales under the registration number 06948330, with a registered address at W7 2QA, London, Unit 5 River Brent Business Park, Trumpers Way.

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