Ivysister Ltd

Ivysister Ltd is a small, active company based in Perthshire, UK, established seven years ago in 2018. It operates from a real address and employs just one person, overseen by a single director and owner. The company runs an e-commerce site and irregularly imports clothing and accessories (not knitted or crocheted), with its last import activity recorded one month ago in December 2018. It’s registered as SC595171 and operates within the “other service activities n.e.c.” industries.

The company’s website is currently unavailable, so it’s difficult to determine the specifics of its online presence. However, the description suggests a focus on retail or wholesale of fashion items.

Financially, Ivysister Ltd presents a mixed picture. Accumulated depreciation on computer equipment has increased significantly, rising 80% to £3,100. The company’s bank borrowings have decreased by 57%, falling to just £3, but creditors have also dropped by 28%, reaching £81,000. Equity has taken a hit, declining 29% to -£71,000, and net current assets and liabilities are also down 29%, reaching -£77,000. While the decrease in creditors could indicate improved debt management, the decline in equity is concerning. 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 equity decline warrants further scrutiny. As a small company, it is exempt from an audit, so the financial statements are unaudited.

It seems like the company is struggling to maintain profitability, with negative equity and a reliance on borrowed funds. The irregular import activity and lack of a visible online presence suggest a business facing challenges in scaling or adapting to market conditions.

Registered in Scotland under the registration number SC595171, with a registered address at PH2 9BY, Scotland, Perthshire, Drum Of Garvock, Dunning.

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