Evotex Trading Limited

Evotex Trading Ltd from Hailsham UK is a small, family-run e-commerce business, active since its founding thirteen years ago. With just one employee and £502,324 in assets, it operates from a virtual address – a detail flagged by the fact that 193 other companies are registered at the same location. The company is led by one director and has two owners, Stevens Debra Mauria and Stevens Paul Timothy, who also serve as director. It’s been a long time since the list of owners was changed nine years ago.

The company's website, KnickersBoxersGlory, is a vibrant online store specializing in lingerie, swimwear, and nightwear. It showcases a wide range of brands, from B.tempt'd to Wonderbra, catering to diverse tastes and sizes. The site is well-structured, with clear navigation and detailed product descriptions, and it offers free delivery. It’s a great place to shop.

Financially, Evotex Trading Ltd shows some concerning trends. Current assets have decreased by 9%, falling to £500,000, while equity has also dropped by 13%, settling at £340,000. Bank cash reserves have seen a significant decline of 11%, now at £260,000. Trade debtors have increased by a substantial 89%, indicating potential payment delays. On a positive note, creditors have decreased slightly, suggesting improved debt management. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the e-commerce side appears to be thriving with a wide selection of products and a user-friendly website, the financial data suggests the company is facing some challenges. Whether it can maintain its growth trajectory remains to be seen, but the family-run nature of the business and its focus on customer service could be key to its long-term success.

Registered in England/Wales under the registration number 07980863, with a registered address at BN27 1DW, Hailsham, East Sussex, 30-34 North Street.

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