Essa Collection Ltd

Essa Collection Ltd, based in St Ives, UK, is a small, family-run business with an active status. Founded 10 years ago, the company employs six people and holds £57,849 in assets. It operates from a virtual address, registered with 77 other companies, and is managed by two directors and two owners. The business enjoys a stellar 5.0 Google rating based on seven reviews. Essa Collection is an irregular importer, specializing in clothing and accessories made by knitting or crocheting, with just one month of import activity recorded as of December 2022.

The company’s website, essacollectionporthleven.com, showcases a curated selection of women's clothing, jewelry, and accessories. The site features a clean, user-friendly design with clear product categories and a simple checkout process. It also offers free UK delivery over £70 and a local click-and-collect option. The website highlights a physical store location in Porthleven, Cornwall, with opening hours listed. It's clear that Essa Collection is focused on providing a boutique online shopping experience.

Financially, Essa Collection Ltd presents a mixed picture. While bank borrowings remain steady at £5,000, cash reserves have increased to £41,000. However, current assets have decreased slightly to £58,000, and net assets have fallen to £24,000. Creditors have risen to £28,000, and trade debtors have dropped to £2,100. 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 flexibility, but the decline in equity suggests a need for careful financial management. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Essa Collection Ltd seems to be navigating a challenging environment. While its online presence and customer reviews are positive, the financial data indicates a need to monitor expenses and manage debt effectively. The family-run nature of the business and its focus on unique, handcrafted items could be key to its long-term success, but a close eye on the numbers is essential.

Registered in England/Wales under the registration number 09589739, with a registered address at TR26 1QU, United Kingdom, St Ives, Cornwall, The Old School, The Stennack.

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