Elusiv Ltd

Elusiv Ltd, based in Leicester, UK, is a small, active company founded seven years ago. With seven employees and £976,981 in assets, it’s a modest operation managed by three directors and two owners. The company boasts a stellar 5.0 Google rating based on one review, highlighting its positive customer experience. It operates as an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with the last import activity recorded a while ago in 2022.

Elusiv Ltd's website reveals a design-led fashion supplier offering a wide range of in-house services, including screen printing, garment dyeing, embroidery, and relabeling. It positions itself as a "one-stop-shop" for fashion production, catering to musicians, influencers, and startup brands through its "OnDemand" service. The site emphasizes ethical British manufacturing and a transparent supply chain, with a capacity of over 100,000 units per week. It’s clear they’re focused on providing comprehensive manufacturing solutions, from design to finished product.

Financially, Elusiv Ltd presents a mixed picture. While cash reserves grew by a healthy 15% to £450,000, trade debtors increased significantly by 28% to £440,000, suggesting potential delays in customer payments. Bank borrowings decreased by 38% to £15,000, which is a positive sign. However, net assets grew by a substantial 44% to £470,000, and the company’s small size (meeting two of three conditions for being classified as small) helps it maintain agility. The decrease in average number of employees by 14% to six, and a 53% drop in total inventories to £86,000, might indicate a shift in production strategy or a leaner operational model. As a small company, it’s exempt from a full audit, so the figures are unaudited.

Overall, Elusiv Ltd seems to be navigating a period of change, balancing growth with efficient resource management. The company’s focus on in-house manufacturing and its "OnDemand" service suggest a strategy of providing value-added services to its customers, but the increase in trade debtors warrants close monitoring.

Registered in England/Wales under the registration number 10897058, with a registered address at LE4 6BY, United Kingdom, Leicester, Hayre Building, Ulverscroft Road.

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