Moda Handbag Ltd
- Small
- Active
- 3 years
- 3 employees
- £1,405,719 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Irregular exporter
- Solo founder
- E-commerce
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
Summary
Moda Handbag Ltd from Manchester UK: a small, active company founded three years ago, employs just three people, and holds assets of £1,201,535. It's a solo-founder operation with a single director and a real address, operating as a regular importer of leather goods, travel bags, and animal harnesses (97 months of imports) and an irregular exporter (2 months). The company's website showcases a range of handbags and accessories, offering free next-day shipping and competitive prices.
The company operates in the wholesale of clothing and footwear industries, with a focus on online sales and a Manchester showroom. Its website, Moda Handbag, features a range of products, including shoulder bags, tote bags, and evening bags, and it has a dedicated section for new arrivals and sale items. The site also provides information about the company, shipping policies, and contact details.
Financially, Moda Handbag Ltd shows some concerning trends. Cash bank on hand has decreased by a significant 41%, dropping to £170,000, while creditors have surged by a substantial 190%, reaching £1.1 million. Trade debtors have also increased dramatically, ballooning by 1500% to £450,000. However, the company’s current assets have also increased by 170%, reaching £1.2 million, and net assets have grown by 69% to £120,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the rise in debt is something to keep an eye on. The company’s small size exempts it from an audit, so the figures are unaudited. It's clear that the company is working hard to manage its finances, but the increase in debt is something to keep an eye on.
Registered in England/Wales under the registration number 13537742, with a registered address at M8 8HW, England, Manchester, 59a Derby 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
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-07-31Download 8 pages pdf report
-
Confirmation statement made on 2024-07-28 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-07-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Moda Handbag Ltd
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