Paul Costelloe & Sons Ltd.

Paul Costelloe & Sons Ltd, based in London, UK, is a small, active company established 32 years ago in 1992. It employs seven people and holds £384,258 in assets. With a real registered address and four directors, the business is overseen by a single owner. The company imports man-made filaments and related materials irregularly, with one month of import activity recorded as of September 2024. It also exports various textile products, sets, used clothing, and rags, with one month of export activity as of March 2023.

The company's website showcases a diverse range of products and collaborations, spanning catwalk collections from recent seasons to homewear, occasionwear, bags, and eyewear. A dedicated section highlights collaborations with brands like Ventura, Claddagh, and Rafferty Hospitality Group, alongside its own Costelloe Gallery. The website also features a corporate wear section and a newsletter signup, indicating a focus on both consumer and business clients. It's clear the company is trying to build a brand presence, with a lot of different avenues for sales.

Financially, Paul Costelloe & Sons Ltd presents a mixed picture. Cash reserves have increased dramatically, up 240% to £150,000, which is good news. However, creditors have also risen significantly, increasing by 130% to £73,000. Debtors have decreased, which is a positive sign, but the increase in creditors suggests the company might be relying on short-term borrowing. The company’s size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The company’s retained earnings have increased by 13%, which is a good sign, but the increase in creditors needs to be watched.

Overall, Paul Costelloe & Sons Ltd appears to be navigating a period of change. The increased cash reserves are encouraging, but the rise in creditors suggests a need to manage short-term liabilities. It’s a small business, and it’s clear they’re trying to diversify their sales channels—hopefully, this will help them to keep a steady income.

Registered in England/Wales under the registration number 02750639, with a registered address at W1W 7LZ, England, London, 3rd Floor 40 Great Portland.

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