Nancys Linens Limited

Nancys Linens Limited is a small, active company based in Woodside Park, London, UK. Founded four years ago in June 02, 2020, it’s a solo-founded operation with a single director and owner, Saidi Sayed Samir. The company employs just two people and holds £49,563 in assets, operating from a real address shared by six other businesses. It’s a regular importer, specializing in various textile products, sets, used clothing, and rags, with 7 months of import activity recorded, the latest in November 2023.

The company operates in the other retail sale in non-specialised stores industries, and its website, Nancys Party Rentals, showcases a vibrant business focused on party supplies and rentals. From tables and chairs to dance floors and linens, the site caters to events of all sizes, offering both rental services and a retail store filled with decorations, balloons, and baby shower items. The company’s website also offers a wide range of party supplies and decorations, with a focus on creating memorable events.

Financially, Nancys Linens Limited presents a mixed picture. Current assets decreased by 41% to £50,000, while net assets increased by 71% to £1,300. Cash bank on hand surged by 120% to £5,400, but trade creditors decreased by 83% to £6,700. 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 remain flexible, but the decline in current assets suggests a need to manage cash flow more carefully. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Nancys Linens Limited seems to be holding its own, but the fluctuating financials suggest a need for close monitoring. The party rental business appears to be thriving, but the company’s ability to maintain its financial health will depend on its ability to manage its cash flow and maintain customer demand.

Registered in England/Wales under the registration number 12638323, with a registered address at N12 7DW, England, Woodside Park, London, Hoong & Company, 7 Lorian Close.

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