Love My Fashions Ltd

Love My Fashions Ltd from Birmingham, UK, is a small, active company established twelve years ago. With nine employees and £1,689,181 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and enjoys a Google rating of 4.0 based on 21 reviews. It regularly imports and exports clothing and accessories made by knitting or crocheting, with 65 months of import activity and 4 months of export activity.

The company's website showcases a wide range of women’s clothing, from dresses and tops to activewear and coord sets. It offers free UK standard delivery and promotes a "buy now, pay later" option via Klarna and Clearpay. The site emphasizes trendy styles, high-quality materials, and a focus on British craftsmanship. It even has a blog, highlighting new collections and offering style advice.

Financially, Love My Fashions Ltd presents a mixed picture. Current assets increased by 62%, reaching £1.7 million, while net assets remained steady at £280,000. Bank borrowings increased significantly by 300%, reaching £810,000, and cash reserves decreased by 30% to £260,000. Creditors also increased, suggesting a reliance on trade credit. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

Despite the increased borrowings, the company’s assets are substantial, and the growing merchandise inventory suggests a healthy level of sales. The increase in bank borrowings could be a result of investing in new inventory or expanding operations. The company’s strong Google rating and focus on e-commerce indicate a successful online presence, but the financial data suggests it’s carefully managing its resources to maintain growth.

Registered in England/Wales under the registration number 08127177, with a registered address at B16 9NX, United Kingdom, Birmingham, West Midlands, Suite Ro Morgan Reach House, 136 Hagley Road.

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