Peachaus Ltd

Peachaus Ltd, based in London, UK, is a small, active company founded six years ago in 2018. Employing four people and holding £463,713 in assets, it operates from a virtual address—a detail that’s a bit unusual as 6454 other companies are registered at the same location. Two directors and two owners manage the business, though the list of owners changed three years ago.

Peachaus Ltd primarily imports clothing and accessories made by knitting or crocheting, with a consistent record of 22 months of import activity. It also engages in irregular exporting, mainly of clothing and accessories that aren't knitted or crocheted, with just one month of export activity recorded. The company's website showcases a range of sleepwear and loungewear, sold directly to consumers. It’s a vibrant online store with a focus on ethical and sustainable practices, featuring a positive brand image and a loyal customer base.

Financially, Peachaus Ltd presents a mixed picture. While current assets increased by 30% to £460,000, net assets took a significant hit, plummeting 38% to -£1,600,000. Bank borrowings increased substantially, rising by 260% to £21,000, while cash reserves decreased by 81% to just £7,100. Trade debtors also jumped significantly, increasing by 130% to £200,000. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit. The substantial loss, however, suggests the company is burning through cash, and the reliance on bank borrowings could be a cause for concern. The increased trade debtors may indicate difficulties in collecting payments from customers.

Registered in England/Wales under the registration number 11624190, with a registered address at W1W 7LT, England, London, 85 Great Portland Street.

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