Just Elegant Limited

Just Elegant Ltd from Manchester UK: a small, active company established 35 years ago, employs 18 people, and holds £664,072 in assets. It’s a family affair, with three directors and one owner—the solo founder. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 195 months of import activity and 11 months of export activity recorded. It’s a real address, too, with just one other company registered at the same location.

The company operates in the wholesale of clothing and footwear industries, with a focus on sourcing and distributing handmade knitted and crocheted items. Its website, Elegant Design Events Ltd, reveals a secondary business: event styling and hire, covering areas like Peterborough and across the UK. They specialize in weddings, corporate events, and flower wall installations, offering bespoke packages and a wide range of decorations—from chair covers to sweet shop displays. It’s a family-run business, and they seem to pride themselves on customer service and creating memorable experiences.

Financially, Just Elegant Ltd’s recent performance presents a mixed picture. Net assets have decreased by 24%, settling at £320,000. Cash bank on hand has fallen by a significant 34%, now at £220,000. Bank borrowings have also decreased by 38%, reaching £16,000. However, other creditors have increased by 24%, reaching £55,000. Trade debtors have also seen a decrease, falling by 38%. The company qualifies as small, meeting two of three conditions—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

Despite the decline in some areas, the company’s focus on niche products and its event styling side suggest a potential for growth. It’s a long-standing business with a clear identity, but the financial figures do raise some questions about its current trajectory.

Registered in England/Wales under the registration number 02419130, with a registered address at M8 8WA, England, Manchester, Unit 1 2-4 Bradstone Road.

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