Nyla's Dreams Limited

Nyla's Dreams Limited, based in Arbroath, UK, is a small, active company founded five years ago in 2019. It’s a solo venture, run by a single director and owner, Watters Fiona, and employs just one person. The company holds £8,553 in assets and operates from a real address at 92 High Street. Nyla's Dreams Limited is registered as SC649590.

The business specializes in retail, primarily through mail order and internet sales, and operates under the name Nyla's Dreams. Its website showcases a range of homewares, with a particular focus on unique and handcrafted items. While the site doesn's offer extensive details about the business's origins, it conveys a sense of personality and a commitment to quality.

Financially, Nyla's Dreams Limited presents a mixed picture. Current assets have fallen by 25%, dropping to £8,600. Equity has also decreased significantly, now standing at -£23,000. Cash reserves are down 47%, with only £560 remaining. Creditors have increased slightly, reaching £32,000. The company's small size—meeting two of three criteria for a small business—allows for flexibility, but the declining equity and cash reserves suggest potential financial strain. The company is exempt from an audit, so the numbers are unaudited.

It's clear that Nyla's Dreams Limited is navigating the challenges of a small, independent retail business. Whether the decline in assets is a temporary setback or a longer-term trend remains to be seen, but the company's focus on unique products and online presence could help it weather the storm.

Registered in Scotland under the registration number SC649590, with a registered address at DD11 1HL, Scotland, Arbroath, 92 High Street.

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