Essntl Frames Limited

Essntl Frames Ltd from Leicester UK: a small, active company founded four years ago, employs three people, and holds £59,426 in assets. It operates from a real address, is managed by two directors and two owners, and runs an e-commerce site. The company operates in the retail sale via mail order houses or via internet industries.

The website, Essntl Frames, showcases a wide range of eyewear, from bestsellers like the Santos and Rio frames to newer collections like the Seoul line. It’s clearly geared towards online sales, with a user-friendly interface, detailed product descriptions, and global shipping options. The site offers a dizzying array of currencies, from the Afghani to the Zambian Kwacha—a testament to its international reach. It also has a "buy one get one free" promotion, which is a good way to attract customers.

Financially, Essntl Frames Ltd presents a mixed picture. While cash bank on hand increased by a healthy 58% to £54,000, current assets only grew by 36% to £59,000. Debtor amounts decreased significantly by 42% to £2,800, which could indicate better collection practices or a shift in sales terms. However, creditors increased by 22% to £53,000, and net assets rose by a substantial 180% to £8,100. The company’s retained earnings increased significantly, which is a good sign. Taxations and social security payable increased by 1600% to £11,000, which is a bit concerning. The company is small, meeting two of three criteria for being a small company. There’s no auditor mentioned, so the figures are unaudited.

Overall, Essntl Frames Ltd seems to be growing, but it's facing some financial pressures. The company’s e-commerce focus and global reach are strengths, but managing creditors and tax obligations will be key to its long-term success.

Registered in England/Wales under the registration number 12966931, with a registered address at LE3 0QS, England, Leicester, 86 Westcotes Drive.

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