Himalayan Collection Limited

Himalayan Collection Limited from Peterborough UK: a small, active company founded twelve years ago, holds £8,106 in assets, and operates from a real address. With two directors and two owners – Ghimire Mathura and Ghimire Rajeswori – it’s a family business importing headgear and accessories regularly, with three months of import activity recorded as of October 2023. The company primarily engages in retail sale via stalls and markets of textiles, clothing, and footwear.

The company’s website, while minimal, suggests a focus on wholesale distribution of clothing and accessories. It lists a wide range of products, including scarves, gloves, hats, and bags, catering to retailers and market traders. While there's no explicit e-commerce functionality, the site serves as a catalog and contact point for potential buyers.

Financially, Himalayan Collection Limited shows a mixed picture. Current assets have decreased by 22% to £8,100, and net assets have fallen 47% to just £160. Cash reserves have plummeted 96% to a mere £300, which is concerning. Bank borrowings, however, have decreased by 12%, and creditors have also fallen by 12%, indicating some improvement in debt management. The company's small size—meeting two of three criteria for a small company—helps with agility, but the sharp decline in equity is something to watch. There’s no auditor mentioned, which is typical for small companies.

Overall, Himalayan Collection Limited is facing challenges. While it maintains a regular import stream and a physical presence in the market, the declining financial health suggests a need for careful management. The company’s reliance on wholesale distribution and its family-run nature may offer resilience, but the shrinking cash reserves are a clear warning sign.

Registered in England/Wales under the registration number 08205466, with a registered address at PE1 4PH, England, Peterborough, 37 Eastern Avenue.

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