Moda It Outlet Ltd

Moda It Outlet Ltd from Welwyn UK: a small, active company founded three years ago, holds £65,977 in assets, and operates from a real address. It’s a solo-founder venture led by a single director and owner, Kristina Belousova. The business runs an e-commerce site, regularly importing clothing and accessories (excluding knitted or crocheted items) for 20 months, with the last import in September 2023. It also exports these items irregularly, with just one month of export activity recorded in April 2023.

The company’s website, Moda in Pelle, showcases a wide range of footwear, bags, and accessories, emphasizing seasonal collections and a focus on style and comfort. It uses cookies to offer a better shopping experience, and offers a variety of payment options including Klarna. The site highlights new arrivals and sales, and provides size guides and customer reviews.

Financially, Moda It Outlet Ltd’s numbers present a mixed picture. Current assets decreased by 24% to £66,000, while net assets also fell by 23% to -£880. Bank borrowings surged by 100%, reaching 0 GBP, and cash reserves fell to 450 GBP. Trade debtors increased significantly, rising by 1200%, reaching £17,000, which could indicate an expansion of credit terms. Value tax payable increased by 290%, reaching £2,600. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Moda It Outlet Ltd appears to be navigating a challenging financial landscape, with a decrease in assets and an increase in debt. However, its active e-commerce presence and focus on fashion suggest a potential for growth, although the company's future success will depend on its ability to manage its finances effectively.

Registered in England/Wales under the registration number 13849369, with a registered address at AL6 0EG, England, Welwyn, 6 Honeymead.

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