Mother Of Pearl Limited

Mother Of Pearl Ltd from Southend-On-Sea UK is a small company with an active status, founded 23 years ago. It employs 13 people and holds £599,718 in assets, operating from a virtual address. With two directors and one owner, the company regularly imports and exports clothing and accessories, not knitted or crocheted – 121 months of imports and 587 months of exports.

The company’s website, AKYN, showcases a shift in direction. Initially founded as Mother of Pearl, Amy Powney, the creative director, launched AKYN after stepping down from her role in December 2024. AKYN builds on Powney’s commitment to sustainable fashion, highlighted by her BFC Vogue Designer Fashion Fund win and a TED talk on fixing fashion. The website now features collaborations with Monica Vinader, including a new collection of jewellery and a shirt made from regenerative cotton and Keshi pearls. It’s clear the focus has broadened beyond the original business model to encompass a wider platform for sustainable design and activism.

Financially, Mother Of Pearl Ltd presents a mixed picture. Current assets have decreased by 21% to £600,000, and net assets have dropped by 2.9% to -£3.9 million. Cash bank on hand has fallen by 20% to £98,000. Trade debtors have seen a significant decrease of 42%, which could indicate improved collection efforts. However, the negative equity and decreasing cash reserves suggest the company is burning through money. The company’s small size – meeting two of three conditions for being considered small – allows for agility, but the declining equity is a concern. There’s no auditor mentioned, meaning the financial statements are unaudited. It’s possible the shift to AKYN and its broader mission is impacting the company’s financial performance, and while the brand’s reputation for sustainability is strong, it will need to address these financial challenges to ensure long-term viability.

Registered in England/Wales under the registration number 04284253, with a registered address at SS1 1EF, England, Southend-On-Sea, Independence House, 14a Nelson Street.

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