Merchant & Mills Ltd

Merchant & Mills Ltd, based in Rye, UK, is a small holding company with an active status, having been established fourteen years ago in March 2011. The company employs thirty-one people and holds assets valued at £2,056,533. It operates from a real address in Rye Harbour Road and is overseen by two directors and three owners. The business regularly imports and exports cotton products, with 188 months of import activity and 244 months of export activity recorded, the latest operations both occurring in February 2025.

The company’s website showcases a wide range of fabrics, sewing patterns, and notions, catering to both experienced and novice sewists. It’s clear that Merchant & Mills isn't just an e-commerce site; it's a curated collection of high-quality materials and designs, with a strong emphasis on natural fibers like linen and cotton. The site also features a blog and film section, highlighting inspiration and tutorials, suggesting a community-focused approach. There are also online and residential sewing classes offered.

Financially, Merchant & Mills Ltd exhibits a mixed picture. Current assets increased by 23%, reaching £2,100,000, while net assets grew by 17%, hitting £2,800,000. However, bank borrowings decreased by 3.6%, settling at £98,000, and cash reserves increased by a significant 42%, reaching £1,000,000. Creditors decreased by 60%, which is a positive sign. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility. The company has not been audited.

The increase in bank borrowings could be a sign of investment in inventory or expansion, while the rising cash reserves suggest improved profitability. The decrease in creditors suggests better debt management. The company's focus on high-quality fabrics and its community-driven approach could be contributing to its financial stability, but it’s important to monitor trends closely.

Registered in England/Wales under the registration number 07559928, with a registered address at TN31 7TE, England, Rye, East Sussex, Unit 7-9 Rye Industrial Park, Rye Harbour Road.

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