Orzel Store Limited

Orzel Store Limited, based in Glasgow, UK, is a small, active company established five years ago in 2020. With a single employee and £39,159 in assets, it operates from a virtual address – registered at a location shared by ten other companies. The business is a family-run enterprise, with two directors and two owners, and maintains a perfect 5.0 Google rating from 17 reviews. It regularly imports clothing and accessories (excluding knitted or crocheted items), with the last import occurring in October 2024.

The company’s website, Orzel Authentic Menswear, showcases a curated selection of menswear, lifestyle products, and accessories from brands like Brother, Corridor, and Merrell. It caters to a UK-wide customer base, offering a range of sizes and styles. The site’s extensive country selection suggests an international reach, and the detailed product descriptions and high-quality photography demonstrate a commitment to online retail best practices.

Financially, Orzel Store Limited presents a mixed picture. Current assets increased by 60% to £39,000, but net assets decreased by 12% to -£19,000. Loans from directors increased significantly by 47% to £51,000, and cash bank on hand rose by 9.4% to £2,200. Trade debtors increased by 79% to £9,600, which could indicate a growth in sales but also potential challenges in collecting payments. Creditors also rose by 37% to £60,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the negative equity suggests it’s operating on a tight margin. As a small company, it’s exempt from an audit, relying on unaudited accounts.

While the website projects a strong brand image and positive customer feedback, the financial data indicates that Orzel Store Limited is facing some financial pressure. The increase in loans from directors suggests a reliance on personal investment to support operations, and the negative equity highlights the need for careful financial management.

Registered in Scotland under the registration number SC653744, with a registered address at G61 3HN, Scotland, Glasgow, 18 Mosshead Road, Bearsden.

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