Ninyonga Couture Ltd

Ninyonga Couture Ltd from Sandown UK is a small, active company founded three years ago. With £10,100 in assets and a virtual address shared by 122 other companies, it’s a solo founder operation managed by two directors and one owner. The company operates in the retail sale of textiles, clothing, and footwear, both online and through stalls and markets, alongside other retail ventures.

The company’s website, Ninyonga Ultra Chic, showcases a collection of uniquely elegant designs, handmade jewellery, and crochet masterpieces. It features a range of bracelets, rosaries, and even complete "Grench" sets—a unique blend of clothing and accessories—all emphasizing individuality and luxury. Quick view buttons are scattered throughout, encouraging immediate purchase.

Financially, Ninyonga Couture Ltd appears to be navigating a tricky period. While current assets remained steady at £10,000, net assets declined significantly by 73% to -£15,000. Amounts owed to directors increased by 34% to £25,000, and accrued liabilities deferred income dropped by 72% to £150. Despite these challenges, creditors also decreased by 31%, suggesting some improvement in debt management. The company's small size—meeting two of three criteria for a small company—helps maintain agility, but the equity drop warrants attention. No auditor is mentioned, indicating exemption as a small company and reliance on unaudited statements.

The business seems to be burning through money, with losses mounting despite ongoing sales. Whether this is a temporary phase or a longer-term trend remains to be seen, but Ninyonga Couture Ltd is clearly banking on its unique designs and online presence to sustain its operations.

Registered in England/Wales under the registration number 13956073, with a registered address at PO36 0DT, England, Sandown, Isle Of Wight, Arnold House 2 New Road, Brading.

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