Milan Fashion Limited
- Small
- Active
- 3 years
- 3 employees
- £26,612 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- E-commerce
- Rating 5.0 (25)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Milan Fashion Limited, based in Manchester, UK, is a small, active company founded just three years ago in 2021. With £26,612 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Karemi Zabi. The business operates an e-commerce site, Milan Clothing Ltd, boasting a perfect 5.0 Google rating from 25 reviews. It’s a regular importer, with its top import category being Clothing and accessories made by knitting or crocheting, totaling 10 months of imports. The last import operation was conducted on September 01, 2023.
The website, Milan Clothing Ltd, showcases a wide range of fashion items, from quirky shirts to luxury dresses, catering to a female audience. It emphasizes Italian design, sustainable practices, and global shipping. The site also highlights a forward order service for larger retailers and encourages customers to use product images for their own websites. It’s a busy site, and they are constantly designing new styles.
Financially, Milan Fashion Limited shows a mixed picture. Current assets increased by 74% to £27,000, while equity rose by 14% to £18,000. However, cash bank on hand decreased by 54% to just £1,500. Creditors increased significantly by 73% to £17,000, and property, plant, and equipment dropped by 20% to £8,000. 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 agile, but the decrease in cash reserves suggests it’s burning through money. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
It seems like Milan Fashion Limited is working hard to build its brand and attract customers, but it needs to carefully manage its finances to ensure long-term sustainability. The growth in creditors is a concern, and the drop in cash reserves suggests it’s relying on credit to keep operations running.
Registered in England/Wales under the registration number 13515200, with a registered address at M8 8NN, United Kingdom, Manchester, Unit 14 Fashion Park, 32a Broughton Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Total exemption full accounts made up to 2024-07-31Download 3 pages pdf report
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Confirmation statement made on 2024-11-04 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Milan Fashion Limited
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