Nancysmillie Ltd

Nancysmillie Ltd is a small, holding company with an active status, established 22 years ago in 2002. Based in Glasgow, the company employs nine people and holds £179,612 in assets. It operates from a real address, with three directors and one owner overseeing its operations. The business runs an e-commerce site and has a respectable Google rating of 4.0 based on 76 reviews. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 17 months of import activity recorded, the last in December 2024.

The Nancy Smillie Shop, as it's known online, offers a curated selection of jewellery, designer pieces, ceramics, glass, home goods, furniture, and art prints. The website highlights a range of designers and brands, from Alan Ardiff to Stephen O’Neill, and emphasizes unique, handcrafted items. It's clear the company caters to customers seeking distinctive gifts and home décor.

Financially, Nancysmillie Ltd presents a concerning picture. Current assets have plummeted by a staggering 82%, dropping to £180,000, while equity has also experienced a dramatic decline, falling 90% to £90,000. Bank cash has also been drastically reduced, decreasing by 92% to £73,000. While creditors have decreased slightly by 16%, the sharp drop in assets and equity suggests the company is burning through cash reserves. The business’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the financial trends warrant close monitoring. The unaudited financial statements, as is common for small companies, lack the assurance of an external audit. The company’s directors have provided interest free loans, which have now been repaid.

Registered in Scotland under the registration number SC233242, with a registered address at G12 8AE, 53 Cresswell Street, Glasgow.

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