Peshtemall Ltd

Peshtemall Ltd, a small, active company based in London, UK, has been operating for five years. With just two employees and £4,921 in assets, it’s a modest operation. Founded in July 2019, the company boasts a 5.0 Google rating from seven reviews, indicating high customer satisfaction. It’s owned and directed by Yildiz Murat and Unek Pinar, and operates an e-commerce site selling handwoven textiles.

The website, Peshtemall, showcases a range of traditionally woven and sustainably produced items, including hammam towels, beach dresses, scarves, throws, and blankets. The site emphasizes Anatolian heritage and modern luxury, with a focus on natural materials and ethical sourcing. Customer reviews are prominently displayed, highlighting the quality and care associated with the products. The site also features a "Notebook" section offering insights into fast fashion versus slow fashion, dry brushing techniques, and exclusive offers.

Financially, Peshtemall Ltd presents a mixed picture. Current assets have decreased by 13%, dropping to £4,900, while net assets have fallen significantly by 24%, now at -£7,700. Cash reserves have also declined, falling 36% to £1,900. Creditors have increased slightly, rising 6.2% to £12,000. The company’s small size—meeting two of three conditions for being considered small—helps with agility, but the declining equity is a concern. Bank borrowings have also increased. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Peshtemall Ltd appears to be facing some financial challenges, although it maintains a strong online presence and positive customer feedback. The company’s focus on unique, ethically sourced textiles suggests a potential for long-term success, but managing its finances will be crucial.

Registered in England/Wales under the registration number 12083926, with a registered address at N18 2JY, England, London, 56 York Road.

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