Esselle Limited

Esselle Limited is a small, holding company based in Rossendale, UK, with an active status. Founded seven years ago in 2017, the company employs six people and holds £49,675 in assets. It operates from a real address, is managed by one director, and has one owner – though the owner list changed four months ago, which could be a good sign for sales. Esselle Limited regularly imports carpets and textile floor coverings, with 42 months of import activity recorded, the last operation made in November 2023.

The company's website, Esselle Retail, showcases a wide range of home furnishings, from floor coverings and wallpaper to storage solutions and cushions. It caters primarily to trade customers, offering a "trade portal" with high-quality products and even a full dropship service. The site also highlights "Esselle Home," a collection designed to achieve a cohesive look without breaking the bank, and introduces "Arthouse," a brand of wallpaper. The website is well-designed and clearly focused on serving the trade market.

Financially, Esselle Limited’s recent performance shows some concerning trends. Current assets have plummeted by a staggering 84%, falling to just £50,000. Net assets have also taken a hit, dropping 100% to a mere £1,700. Bank borrowings have decreased significantly, which is positive, but cash reserves have jumped to £39,000, which could be a sign of a recent influx of funds. Creditors have also decreased, suggesting improved debt management. The company meets the criteria to be considered a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Esselle Limited appears to be navigating a period of financial adjustment. While the company’s trade focus and well-designed website suggest a solid foundation, the sharp decline in assets warrants close monitoring. It’s possible that the company is restructuring or investing in growth, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 11037045, with a registered address at BB4 7LY, England, Rossendale, The Old Town Hall Bacup Road, Rawtenstall.

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