Nanushka Ltd.

Nanushka Ltd from London UK is a large holding company with an active status, founded seven years ago in December 2017. Employing 26 people, the company holds £921,171 in assets and operates from a real address at 30 Bruton Street. With one director and one owner, Nanushka Ltd runs an e-commerce site and regularly imports and exports clothing and accessories, not knitted or crocheted, with 262 months of import activity and 90 months of export activity. Google users rate it 4.0 out of 5 based on 88 reviews.

The company’s website showcases a luxury fashion brand, offering ready-to-wear collections, bags, and accessories for both men and women. It emphasizes a “Paper” collection and collaborations, like Nanushka x Asics Sportstyle, suggesting a focus on contemporary design and partnerships. The site also includes a "Nanushka Wardrobe" section, indicating a curated selection of items.

Financially, Nanushka Ltd’s recent performance shows some concerning trends. Creditors decreased significantly, dropping 66%, which is good, but net assets plummeted 43% to -£5.1 million. Cash reserves fell 67% to £57,000, and bank borrowings increased by a staggering 34%, reaching £6.1 million. Trade debtors also decreased by 66%, suggesting issues with collecting payments. Despite these challenges, other operating income increased by 13% to £1.5 million, and administrative expenses rose by 6.6% to £3.6 million. The company meets the criteria to be considered large, having turnover more than £36 million and balance sheet more than £18 million.

The financial statements were audited by Gerald Edelman LLP. While the company’s e-commerce presence appears strong and its brand is well-regarded, the significant decrease in equity and the increase in debt raise questions about its long-term financial health. It’s possible these trends are related to investments in growth or expansion, but careful management will be crucial to ensure sustainability.

Registered in England/Wales under the registration number 11127556, with a registered address at W1J 6QR, England, London, 30 Bruton Street.

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