Eurosuits Limited

Eurosuits Ltd, based in London UK, is a small, active company founded 48 years ago in 1977. With just two employees and £194,135 in assets, it operates from a virtual address—a fact highlighted by the presence of 99 other companies registered at the same location. The company is led by one director and one owner, and currently holds a respectable Google rating of 4.0 based on 70 reviews. Eurosuits regularly imports clothing and accessories (excluding knitted or crocheted items), with the latest import activity recorded five months ago.

The company’s website showcases a wide range of menswear, from suits and trousers to jackets and evening wear, catering to “regular and big size” fittings. It operates an e-commerce site, selling directly to customers and offering a variety of brands like Atelier Torino, Baileys, and Giordano. The site also features a clearance section and emphasizes free shipping for orders over £100. The website’s design is a little dated, but it’s functional and easy to navigate.

Financially, Eurosuits Ltd presents a mixed picture. Current assets have decreased by 12% to £190,000, while net assets have fallen 3.5% to £150,000. Cash bank on hand has dropped by 11% to £47,000. However, creditors have significantly decreased by 28%, suggesting improved management of short-term debts. Trade debtors have plummeted by 90%, which is a good sign. The company’s small size (meeting two of three criteria for being small) allows it to remain flexible, but the decrease in assets is something to keep an eye on. There's no auditor mentioned, likely due to the company's small size and exemption from an audit.

Overall, Eurosuits Ltd seems to be navigating a competitive market with a focus on catering to a specific niche. While the financial numbers indicate some pressure, the company’s long-standing presence and positive customer reviews suggest a resilient business model. It’s likely that the company is doing okay, but it’s worth keeping an eye on its asset levels in the coming months.

Registered in England/Wales under the registration number 01305899, with a registered address at N3 1QA, England, London, 3rd Floor, Lawford House, Albert Place.

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