Elisa Fashion & Design Ltd

Elisa Fashion & Design Ltd, based in Kings Langley, UK, is a small, active company founded just three years ago in 2021. It’s a solo-founded operation with a single director and owner, Turkmen Elif, and holds £10,165 in assets. The business operates from a real address, WD4 8GY, England, Kings Langley, 89 Ovaltine Drive. While the company’s website is unavailable, the report suggests involvement in non-specialised wholesale trade, retail sales via mail order and internet, management consultancy, and specialised design activities.

The company’s financial data presents a mixed picture. While cash bank on hand increased by a substantial 71% to £5,600, current assets also rose by 45% to £10,000. However, creditors increased by 45% to £10,000, and tax payable rose by a significant 97% to £1,200. Trade debtors also increased, climbing 22% to £4,500. The company’s net assets remained relatively stable at £170, but it’s worth noting that the company’s retained earnings accumulated losses are also £170.

The company’s small size—meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 25 employees)—allows for agility. However, the increase in creditors and tax payable, coupled with the relatively low cash reserves, suggests the company is burning through money. The lack of an auditor (likely exempt as a small company) means the financial statements are unaudited, so take them with a pinch of salt. It’s possible the company is reinvesting heavily in its business, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 13466212, with a registered address at WD4 8GY, England, Kings Langley, 89 Ovaltine Drive.

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