Fenella Smith Limited

Fenella Smith Ltd, based in Henley on Thames, UK, is a small, active company founded fourteen years ago in 2010. With four employees and £981,341 in assets, it operates from a real address and is led by two directors and a single owner. The business runs an e-commerce site specializing in luggage and accessories. It regularly imports leather goods, travel bags, and animal harnesses – a consistent pattern over the past 102 months, with the most recent import in September 2024. It also exports these same items, though less frequently, with six months of export activity recorded, the last in July 2023.

The company’s website, Fenella Smith London, showcases a vibrant collection of luggage, bags, and accessories, emphasizing bold patterns and sustainable practices. It highlights “Easter Sale” discounts and promotes “Farans” luxury travel options, alongside a “Relove” program encouraging customers to resell their used products. The website’s extensive product listings, categorized by type and pattern, demonstrate a broad appeal and a focus on design.

Financially, Fenella Smith Ltd presents a mixed picture. While current assets increased by 8.4% to £980,000, net assets decreased by 6.5% to £160,000. Bank borrowings were reduced by 6.2% to £130,000, and cash reserves grew by 80% to £17,000. Creditors increased significantly by 31% to £680,000, and trade debtors also rose by 4.5% to £510,000. 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 agility, but the increase in creditors suggests a need to manage cash flow. The company is exempt from an audit, so the figures are unaudited.

The increase in creditors is a little concerning, and the company should probably keep a close eye on it. It’s clear that Fenella Smith Ltd is a dynamic business, adapting to market trends and embracing sustainable practices, but the financial numbers suggest it’s facing some challenges.

Registered in England/Wales under the registration number 07239596, with a registered address at RG9 3DB, United Kingdom, Henley On Thames, Unit 5 Riverside Barns, Remenham Church Lane.

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