Inverallan Limited

Inverallan Limited, based in Alloa, UK, is a small, family-run business with an active status, established 23 years ago. The company employs seven people and holds £112,675 in assets. With four directors and four owners, it operates from a real address and has a long history of importing and exporting clothing and accessories made by knitting or crocheting – 32 months of imports and 38 months of exports. Inverallan Limited’s website showcases authentic, hand-knitted garments, available through online retail.

The business specializes in the manufacture of knitted and crocheted fabrics, offering a range of products including sweaters, cardigans, hats, and scarves. It also works with Fairtrade certified knitters in India, combining Scottish knitwear design with ethical production methods. The website highlights a focus on quality, sustainability, and social responsibility, with a range of yarn types available.

Financially, Inverallan Limited presents a mixed picture. Current assets have decreased significantly, falling 50% to £110,000. Bank borrowings have increased, and cash reserves have also declined. Creditors have been reduced, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the drop in equity raises questions. Although no auditor is mentioned (likely exempt as a small company), the unaudited figures provide a snapshot of the company’s current state. The company's net assets have increased by 9.3%, but the sharp decrease in debtors is a concern. It's clear that the company is trying to manage its finances carefully, but the future remains uncertain.

Registered in Scotland under the registration number SC228791, with a registered address at FK10 1ET, Scotland, Alloa, Unit 2 Block 3 Ward Street.

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