Gingerlily Limited

Gingerlily Limited is a small, active company based in London, UK, established 21 years ago in 2003. With five employees and £795,487 in assets, it operates from a real address and is overseen by two directors and two owners. The company runs an e-commerce site specializing in luxury silk bedding and nightwear, importing furniture, lighting, and prefabricated buildings for 26 months, and exporting various textile products, sets, used clothing, and rags for 42 months.

The website showcases a wide range of silk products, from pillowcases and duvet covers to nightwear and accessories. It also features collaborations with other brands, such as Memo Press, and highlights the benefits of mulberry silk. The site’s design is clean and modern, with high-quality product photography and easy navigation. It's clear that Gingerlily is focused on delivering a premium online shopping experience.

Financially, Gingerlily Limited’s report reveals some concerning trends. While cash bank on hand decreased by 25% to £24,000, net assets also dropped by 5.7% to -£580,000. Bank borrowings decreased by 39%, reaching £28,000, which is a positive sign. Creditors also decreased by 67%, which suggests better debt management. 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 it to remain nimble, but the equity decline is a worry. There's no mention of an auditor, which is common for small companies.

The company’s focus on high-end products and strong online presence suggest a deliberate strategy, but the financial numbers indicate a need for careful management. It’s possible that the company is reinvesting heavily in its business, but the declining equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 04828757, with a registered address at SW4 0AS, England, London, Unit 7 16 Porteus Place.

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