Moda Swansea Limited

Moda Swansea Ltd from Swansea UK is a small, active company founded 14 years ago, in November 2010. It employs five people and holds £333,743 in assets. The company operates from a virtual address, registered at 1 Picton Lane, SA1 4AF, which is shared by nineteen other businesses. It’s led by a single director and owner, Jones Richard, who is also the solo founder. Moda Swansea boasts a stellar 5.0 Google rating from 48 reviews. The business regularly imports clothing and accessories, not knitted or crocheted, with 37 months of import activity recorded, the latest in July 2024.

The company's website, though not detailed, indicates a focus on designer clothing, suggesting a retail operation. It's described as a "Designer Clothing Shop" and operates under the name Moda Swansea Limited. The company's activities are centered around the retail sale of clothing in specialised stores.

Financially, Moda Swansea Ltd presents a mixed picture. Current assets increased by 4.6% to £330,000, while net assets grew by 32% to £120,000—a positive trend. Bank borrowings decreased by 16% to £32,000, and cash reserves surged by 450% to £3,700. Creditors also decreased by 16% to £32,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is typical for a small, exempt company. Depreciation rates used for property and plant equipment are zero, and the company uses a reducing balance method for depreciation.

Overall, Moda Swansea Ltd seems to be in a relatively healthy position, with growing assets and improved cash flow. The company’s solo founder and director, Jones Richard, appears to be steering a stable course, though the virtual address raises questions about the physical nature of its operations.

Registered in England/Wales under the registration number 07427912, with a registered address at SA1 4AF, Swansea, 1 Picton Lane.

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