Edge Accessories Limited

Edge Accessories Limited, based in Castleford, UK, is a small, active company founded eight years ago. With 16 employees and £8,389,372 in assets, it operates as a family business with a solo founder and a single director. The company has a real registered address, though 24 other companies share the same location, suggesting a virtual address. It holds a Google rating of just 1.0 based on a single review. Edge Accessories is an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of January 1, 2018.

The company’s website, while not providing detailed information, indicates a wholesale operation focused on clothing and footwear, and non-specialised wholesale trade. It’s likely the company operates primarily as a B2B supplier, sourcing goods and distributing them to retailers. The company is owned by Singh Jaswinder and Singh Dalwinder, with the ownership list unchanged for six years.

Financially, Edge Accessories Limited shows a mixed picture. While the company is small, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, its financial statements reveal some concerning trends. Net assets have decreased, and bank borrowings have increased. Creditors have also risen, suggesting the company is relying more on credit. The company’s unaudited financial statements, prepared by CLAVANE ACCOUNTANCY LIMITED, show a decrease in average number of employees during the period, though the number remains constant at 16. Depreciation rate used for property, plant and equipment is zero.

The company’s small size and irregular import activity, coupled with the rising debt, suggest it’s navigating a challenging market. While the family business model can offer stability, the low Google rating and financial pressures raise questions about its long-term viability.

Registered in England/Wales under the registration number 10610110, with a registered address at WF10 1EN, England, Castleford, West Yorkshire, 32a Albion Street.

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