Nicola Sexton Limited

Nicola Sexton Limited, based in Downham Market, UK, is a small, active company founded fifteen years ago in December 2009. It employs just two people and holds £104,553 in assets, operating from a virtual address shared by forty-three other companies. The business is led by a solo founder and has one director. Nicola Sexton Limited regularly imports footwear and related items, with five months of import activity recorded, and exports these items too, with four months of export activity.

The company’s website, Nicola Sexton Designer Shoes, showcases a range of stylish footwear and knitwear, sold directly to consumers. The site features a variety of loafers, pumps, boots, and handbags, with a focus on unique designs and bold colors. It's clearly an e-commerce operation, with product pages, a blog, and customer reviews.

Financially, Nicola Sexton Limited shows a mixed picture. Current assets decreased by 13% to £100,000, while net assets declined by 11% to -£170,000. Bank borrowings remained stable at £6,000, but cash reserves increased by 65% to £6,800. Creditors remained consistent at £260,000, and trade debtors increased by 13% to £38,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the negative equity is a concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s reliance on a virtual address and its negative equity suggest potential management challenges, but the strong online presence and customer reviews indicate a focus on branding and customer satisfaction. It will be interesting to see if the company can turn around its financial performance and continue to grow its online business.

Registered in England/Wales under the registration number 07100271, with a registered address at PE38 9BJ, Downham Market, Norfolk, 23 London Road.

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