Edge Of The World Limited

Edge Of The World Ltd from Kirkby Lonsdale UK is a small company with an active status, founded 28 years ago. It employs 55 people and holds £1,174,681 in assets. It's a real address, with two directors and two owners – a family business. The company is an irregular importer of clothing and accessories made by knitting or crocheting, with just two months of imports recorded, the last in March 2023.

The company operates in the retail sale of clothing in specialised stores. Its website is non-existent, suggesting a reliance on wholesale or direct sales rather than an online presence.

Financially, Edge Of The World Ltd shows a mixed picture. Current assets have decreased by 28%, dropping to £1,200,000, while net assets have fallen by 9.4% to £830,000. Bank borrowings remain steady, but cash reserves have plummeted 58%, leaving just £400,000. Trade debtors have surged by a significant 37%, which could be a sign of increased sales or potentially delayed payments. Creditors have also decreased by 14%, which is a positive sign of better debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp drop in equity is concerning. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s financial data suggests it’s facing some financial strain, although it is still managing. The decrease in cash reserves and the increase in trade debtors are areas to watch.

Registered in England/Wales under the registration number 03315945, with a registered address at LA6 2AN, Kirkby Lonsdale, Cumbria, Merchant House, Market Square.

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