Papaya Fashion Ltd

Papaya Fashion Ltd, based in Manchester, UK, is a small, active company founded 13 years ago. With five employees and £514,527 in assets, it's a solo-founded operation managed by one director and owner. The company regularly imports and exports leather goods, travel bags, and animal harnesses—24 months of imports and 9 months of exports recorded. It’s a real address, not a virtual one.

Papaya Fashion Ltd operates an online retail business, selling a wide range of handbags and accessories. The website showcases new arrivals, back-in-stock items, and sale promotions, catering to fashion-conscious customers. It offers free shipping on orders over £300 and a 24/7 customer service line. The site also features a blog with style tips and product highlights.

Financially, Papaya Fashion Ltd presents a mixed picture. Current assets increased by 16% to £510,000, while net assets grew by 6.3% to £170,000. However, bank borrowings remained constant at £25,000, and cash reserves decreased by 43% to £27,000. Trade debtors decreased by 21%, suggesting better debt collection, but trade creditors increased significantly by 46% to £260,000. 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 for flexibility, but the increase in creditors is something to watch. There was no auditor mentioned, likely due to the small company exemption.

Overall, Papaya Fashion Ltd seems to be holding its own, but the increase in creditors suggests it’s burning through money a little faster than it’s bringing it in. The online retail focus and wide product range give it a good foundation, but managing cash flow will be key to its long-term success.

Registered in England/Wales under the registration number 07873001, with a registered address at M8 8HW, Manchester, 29 Derby Street.

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