Farnsworth Fashions Ltd

Farnsworth Fashions Ltd from Huddersfield UK: small company, active status, founded 4 years ago, 1 employee, £50,790 assets, real address, 1 director, 1 owner, solo founder, e-commerce site. It's a small business, meeting the criteria for a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company was incorporated four years ago on May 14, 6020, and operates in the retail sale via mail order houses or via internet industries.

The company’s website, Farnsworth Newcastle, showcases a range of clothing, including jackets, sweaters, and shirts for both men and women. It’s clear that the focus is on stylish, high-quality items, with an emphasis on seasonal collections and a modern aesthetic. The site is well-designed, with easy navigation and detailed product descriptions. It also features a blog with fashion tips and style inspiration. The company seems to be doing e-commerce, with a cart and checkout process clearly visible.

Financially, Farnsworth Fashions Ltd shows some concerning trends. Accumulated depreciation increased by 24%, while cash bank on hand decreased significantly by 67% to £940. Current assets also fell by nearly 10%, dropping to £51,000. The company’s net assets, however, took a bigger hit, plummeting 140% to -£5,400. This suggests that the business is burning through cash faster than it’s generating revenue. On the positive side, creditors decreased, which could indicate improved debt management. The company’s sole employee, Deborah Farnsworth, also serves as both director and owner, highlighting its small scale. The accounts are unaudited, which is typical for small companies.

Overall, Farnsworth Fashions Ltd appears to be a small, e-commerce business facing some financial challenges. While the website looks professional and the product range is appealing, the declining assets and increasing losses suggest that the company needs to address its cash flow situation. It’s a small operation, but with a focused product line and a well-designed website, it has the potential to turn things around.

Registered in England/Wales under the registration number 12603282, with a registered address at HD4 6SD, England, Huddersfield, 41 St. Helens Gate.

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