Etier Ltd

Etier Ltd is a small, active company based in Stockton-On-Tees, UK, founded two years ago in May 2022. With £136,199 in assets and a real registered address, it’s a solo-founded operation run by two directors and one owner, Sonny Spriggs. The business focuses on importing leather goods, travel bags, and animal harnesses, with recent import activity recorded just one month ago in December 2023.

The company’s website, Etier, showcases a range of luxury leather goods, including watch cases, rolls, and stands, alongside card holders, bags, and key chains. The site emphasizes British design and quality, targeting discerning customers seeking premium accessories. It appears to be an e-commerce business, selling directly to consumers. The website also mentions a connection to Lusso, a larger luxury lifestyle brand, suggesting potential synergies or shared resources.

Financially, Etier Ltd presents a mixed picture. Cash reserves have dropped significantly, falling 82% to just £2,900. Liabilities have also increased, with creditors rising 200% to £2,300. While trade debtors have increased, it could indicate a growing customer base. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash is concerning. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Etier Ltd seems to be navigating the challenges of a young business. The focus on high-quality products and a strong brand identity is promising, but the company will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 14140276, with a registered address at FY4 5LZ, England, Blackpool, 10 Neptune Court Hallam Way.

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