Lees Fashion Limited

Lees Fashion Limited, based in London, UK, is a small, active company founded 11 years ago in 2013. It employs just two people and holds £75,630 in assets, operating from a virtual address shared by 118 other companies. With one director and one owner – Ahn Heungbok – the company regularly imports miscellaneous manufactured goods, with 47 months of import activity recorded, the last in January 2025.

The company's website, Lee's Fashions, presents a classic e-commerce setup. It features a catalog of clothing, including evening gowns, jewelry, and white’s, with a focus on sales and promotions. The site offers a range of payment options, including American Express, Apple Pay, and PayPal, and emphasizes a seamless shopping experience. It also has a blog section with updates on news, offers, and styles.

Financially, Lees Fashion Limited’s recent performance shows a mixed bag. Current assets decreased by 26% to £76,000, while net assets plummeted 93% to just -£4,800. Bank borrowings decreased by 25% to £29,000, and cash reserves increased by a substantial 180% to £42,000. Creditors also decreased by 25%, suggesting improved 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) helps it stay nimble, but the sharp equity drop raises concerns. The company operates in the wholesale of textiles industries. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's financial data suggests it’s facing some pressures. While cash reserves have increased, the significant decrease in equity indicates potential losses or a need for additional investment. The decrease in debtors could be a positive sign of improved collections, but the overall picture suggests the company is working hard to stay afloat.

Registered in England/Wales under the registration number 08697452, with a registered address at EC2A 4NE, England, London, 86 - 90 Paul Street.

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