Facets Fashion Ltd
- Small
- Active
- 3 years
- 1 employee
- £5,891 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Facets Fashion Ltd is a small, active company based in Reading, UK, founded three years ago in 2021. It employs just one person and holds £5,891 in assets. With a real registered address and a single director and owner – a solo founder – it’s a lean operation. The company operates in the retail sale of clothing, textiles, and footwear, both in specialised stores and via online channels. Its website showcases a curated selection of knitwear, tops, outerwear, and accessories from brands like Boglietti, Buglione, and Rosemunde.
The website clearly positions Facets Fashion Ltd as an e-commerce business. It features collections, a blog, customer care information (including delivery, returns, and privacy policies), and a subscription form for updates. The site’s design is clean and modern, with a focus on high-quality product photography and easy navigation. There's a clear emphasis on customer service, offering "buy without risk" assurances and free UK delivery over £100.
Financially, Facets Fashion Ltd’s report paints a mixed picture. Current assets have increased significantly, jumping 930% to £5,900, while cash reserves have seen an impressive 50,000% increase to £2,000. However, net losses have deepened, with equity falling 1,600% to -£1,700. Creditors have also decreased significantly, dropping 89% to £220. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity suggests it’s burning through cash. The report doesn't mention an auditor, likely due to its small size and exemption from an audit.
Despite the losses, the significant increase in cash reserves and current assets indicates a positive trend. The company’s focus on a niche market—specialized knitwear and accessories—and its commitment to customer service could be key to its long-term success. It’s a small business, for sure, but it seems to be navigating its early stages with a clear online presence and a focus on quality.
Registered in England/Wales under the registration number 13573050, with a registered address at RG2 9ET, United Kingdom, Reading, 2 Fuchsia Grove, Shinfield.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Horton Joanna
- 3 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Horton Joanna
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-08-17 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-07-31Download 9 pages pdf report
-
Previous accounting period shortened from 2023-08-31 to 2023-07-31Download 1 page pdf report
FAQ about Facets Fashion Ltd
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