Frescobol Carioca Ltd

Frescobol Carioca Ltd from London UK: a small, active company founded 19 years ago, employs 19 people, and holds £2,690,510 in assets. It operates from a virtual address and is managed by four directors and one owner, running an e-commerce site. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 19 months of import activity and 323 months of export activity.

The company’s website, frescobolcarioca.com, showcases a designer swimwear and beachwear brand. It offers a wide range of products, including shirts, knitwear, swim shorts, footwear, and accessories—all with a distinct, upscale aesthetic. The site also features collections like “Oasis” and “Passageiro,” and partnerships with luxury retailers like Mytheresa, highlighting its focus on high-end fashion. The website is very well designed and easy to navigate.

Financially, Frescobol Carioca Ltd’s report reveals some interesting trends. Cash bank on hand has decreased significantly by 59%, dropping to £36,000. Bank borrowings have increased dramatically, reaching £180,000—a substantial rise from zero. Creditors have also increased, reaching £450,000, which could indicate a reliance on credit to fuel growth. However, net assets have only slightly improved, remaining at -£4,000,000. 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 flexibility, but the increase in debt needs to be monitored. The report doesn’t mention an auditor, likely due to the small company exemption. The company’s assets are high, but its liabilities are even higher.

Registered in England/Wales under the registration number 05551772, with a registered address at W1W 5AB, England, London, Floor 2, 201 Great Portland Street.

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