Littlepenny Limited

Littlepenny Limited, based in London, UK, is a small, active company with a long history, having been founded 48 years ago in 1976. The business, run by two directors and a single owner (who is also the solo founder), holds £274,079 in assets and operates from a real address. It’s a small company, meeting two of three conditions: turnover under £10.2 million, a balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s core business revolves around the wholesale of clothing and footwear, operating through an online platform. Its website showcases four distinct fashion brands: Dead Threads (alternative styles), Whispering Ivy (vintage-inspired), Eastern Affair (bohemian), and Oxyzone (streetwear). These brands are presented as curated collections, each with its own unique aesthetic and target audience. The website also includes contact information, FAQs, delivery details, and a sitemap.

Littlepenny Limited is a regular importer of clothing and accessories (excluding knitted or crocheted items), with 24 months of import activity recorded, the last in 2018. It also exports these items, though less frequently, with just 2 months of export activity, the last in 2017.

Financially, Littlepenny Limited’s report shows some concerning trends. Cash bank on hand has fallen by 53%, dropping to £3,100. Creditors have decreased significantly, falling by 96% to just £6,200, which could be a good sign. However, trade debtors have increased by 51%, reaching £71,000, which might indicate difficulties collecting payments. Equity has improved, rising by 8.1% to £530,000. The company is exempt from an audit, so the figures are unaudited.

Despite the mixed financial signals, Littlepenny Limited appears to be a well-established business with a clear focus on wholesale fashion. The company’s online presence and diverse brand portfolio suggest a commitment to reaching a wide range of customers—though the rising trade debtors will need to be addressed.

Registered in England/Wales under the registration number 01264141, with a registered address at NW10 7QP, United Kingdom, London, Unit 5 Sovereign Park, Park Royal.

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