Notepad Leather Goods Limited

Notepad Leather Goods Limited is a small, active company based in Flint, UK, established twelve years ago in 2012. With just one employee and £42,346 in assets, it's a solo founder operation led by two directors. The company operates an e-commerce site specializing in the manufacture of luggage, handbags, saddlery, and harness, and it’s an irregular importer of miscellaneous metal items, with the last import activity occurring in June 2022.

The website showcases a range of "Messenger" bags in various colors, all priced at £425, alongside a more premium "Satchel" option at £595. Notepad Leather Goods emphasizes handmade British craftsmanship, using 100% genuine leather and highlighting a story of inspiration from a divine vision. The site’s design and content suggest a focus on luxury and bespoke items, catering to a discerning customer base.

Financially, Notepad Leather Goods Limited presents a mixed picture. Current assets have decreased by 7.2% to £42,000, while net assets have fallen by 25% to -£9,800. Cash bank on hand has plummeted 73% to just £210, and trade debtors have dropped a staggering 90% to £510. While creditors have also decreased, the significant decline in equity is a cause for concern. 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 sharp drop in equity suggests it’s burning through cash. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Notepad Leather Goods Limited appears to be a niche business with a strong brand identity, but the financial data reveals a company facing challenges. Whether it can sustain its growth and maintain its premium positioning remains to be seen.

Registered in England/Wales under the registration number 08266297, with a registered address at CH6 5QN, Wales, Flint, Four Oaks Pentre Hill, Flint Mountain.

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