Party Pants Ltd
- Active
- Small
- 3 years
- 1 employee
- £10,591 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Party Pants Ltd from Edinburgh UK: small company, active status, founded 2 years ago, 1 employee, £9,009 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site. The company operates in the retail sale of clothing in specialised stores, the retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets. Officially, it has one owner or PSCs, one director, and one employee. Its status is active.
The company’s website, partypants.co.uk, showcases a range of trousers with "all the trimmings"—a playful brand focused on comfort and individuality. The site features collections like "With trim," "Without trim," and "One offs," alongside a blog and support section. It’s clearly an e-commerce business, selling directly to consumers. They also encourage customers to share their photos on Instagram using the hashtag #partypanters.
Financially, Party Pants Ltd is showing some concerning trends. While the company is small, meeting two of three criteria for a small company, net assets are a negative £21,000. Cash reserves are a meager £500, and bank borrowings are at £29,000. Creditors are also significant at £480 and £29,000. The company’s current assets are £9,000. The lack of employees (just one reported) suggests a lean operation, but the negative equity is a red flag. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.
Overall, Party Pants Ltd appears to be burning through money. While the website shows a fun, engaging brand, the financials suggest the business is struggling to achieve profitability. It’s a classic startup scenario—high hopes, a unique product, but a challenging path to financial stability.
Registered in Scotland under the registration number SC733888, with a registered address at EH2 4PH, Scotland, Edinburgh, 11 Alva Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 75%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
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Total exemption full accounts made up to 2024-10-31Download 7 pages pdf report
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Confirmation statement made on 2025-05-26 with updatesDownload 4 pages pdf report
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Confirmation statement made on 2024-05-26 with updatesDownload 5 pages pdf report
FAQ about Party Pants Ltd
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