Edinburgh Cashmere Ltd

Edinburgh Cashmere Ltd, based in Edinburgh, UK, is a small, active company founded ten years ago in 2014. It employs just one person and holds £835,297 in assets, operating from a virtual address shared by thirty-three other companies. A solo founder and director, Chalana Didar Singh, steers the ship, and the company boasts a respectable Google rating of 4.0 based on 233 reviews. Edinburgh Cashmere regularly imports clothing and accessories – not knitted or crocheted – with the last import operation made in November 2024.

The company's website showcases a range of luxury scarves, stoles, capes, and blankets made from 100% cashmere and lambswool. It operates an e-commerce site, selling directly to consumers and emphasizing exclusive designs, British craftsmanship, and a 30-day return policy. The website also features a blog with styling tips and articles about wool and cashmere, suggesting a focus on building brand authority. There's also a surprising mention of DC Milan jeans, jackets, and sweatshirts – a seemingly unrelated product line that could indicate diversification or a licensing agreement.

Financially, Edinburgh Cashmere Ltd presents a mixed picture. Current assets have decreased by 9.1% to £840,000, while net assets have taken a significant hit, plummeting 670,000% to -£170,000. Bank borrowings have remained stable, but cash reserves have fallen sharply by 270% to £180,000. Creditors have increased by 11% to £990,000. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the substantial equity loss raises concerns. With no auditor mentioned, the figures are unaudited.

The decrease in equity, coupled with the increase in creditors, suggests Edinburgh Cashmere Ltd may be burning through cash faster than it’s generating revenue. While the strong Google rating and luxury product focus indicate a loyal customer base, the company needs to address its financial pressures to ensure long-term sustainability. The unexpected inclusion of DC Milan products also warrants further investigation – it’s unclear if this is a strategic move or a distraction from the core cashmere business.

Registered in Scotland under the registration number SC483834, with a registered address at EH2 4HU, Scotland, Edinburgh, 21 Young Street.

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