Envy I Ltd

Envy I Ltd is a small, active company based in Manchester, UK, established 14 years ago in 2011. With five employees and £381,865 in assets, it’s a solo-founded operation run by a single director and owner, Younis Amer. The company operates in the wholesale of textiles industries, importing clothing and accessories (excluding knitted or crocheted items) regularly over the last 16 months, and exporting them irregularly for the past two months.

The company’s website, Envy Jewellery UK, showcases a range of necklaces, bracelets, and earrings, primarily targeting trade customers. It’s clear that the company is focused on wholesale, offering "Become a New Stockist" options and highlighting trade support. The website has a clean design, with a focus on product images and easy navigation. It’s also worth noting the presence of social media icons (Facebook and Instagram) and a focus on free shipping for orders over £300.

Financially, Envy I Ltd presents a mixed picture. Cash bank on hand increased by a respectable 25% to £53,000, and finished goods rose by 7% to £330,000—suggesting healthy inventory management. However, net assets decreased by 16% to -£11,000, and net current assets liabilities increased by 10% to -£13,000. Trade creditors and trade payables also increased significantly, rising by 14% to £400,000. 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 for agility, but the declining equity and rising liabilities suggest potential financial strain. No auditor is mentioned, which is typical for small companies exempt from an audit.

Overall, Envy I Ltd appears to be a small, trade-focused business navigating the challenges of growth. While its website and product range suggest a strong foundation, the financial data indicates a need for careful management of liabilities and a focus on improving profitability.

Registered in England/Wales under the registration number 07511208, with a registered address at M8 8LZ, England, Manchester, Unit G, 23 Broughton Street.

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