Enso Apparel Ltd

Enso Apparel Ltd is a small, holding company based in London, UK, with an active status. Founded four years ago in March 2021, it employs just two people and holds £427,836 in assets. The company operates from a virtual address, sharing space with 6864 other businesses, and is overseen by two directors and one owner. It regularly imports clothing and accessories made by knitting or crocheting (three months of import activity) and occasionally exports knitted or crocheted fabrics (one month of export activity). The company’s website is currently unavailable, making it difficult to assess its e-commerce presence or specific product offerings. It’s also involved in the manufacture of sports goods, retail sale via mail order houses, and internet industries.

The company is owned by Gb Enso Llc, and its directors are Birks Joel and Denton Peter. While the company's operations are not entirely clear, its import and export activities suggest a focus on textile-related products.

Financially, Enso Apparel Ltd presents a mixed picture. While cash reserves increased by 18% to £120,000, net assets plummeted 56% to -£700,000. Trade debtors have increased significantly, by 180% to £310,000, which could indicate challenges in collecting payments. Creditors also rose considerably, by 47% to £850,000, and bank borrowings increased by a substantial 190% to £330,000. Despite these concerns, recoverable value tax increased by 310% to £15,000, which could be a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the significant equity decline warrants closer scrutiny. There was no auditor mentioned, meaning the financial statements are unaudited.

The company's financial data suggests it's burning through money, with losses outweighing gains. While the increase in recoverable value tax is encouraging, the company needs to address its rising debt and declining equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 13251470, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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