Piccalilly Limited

Piccalilly Ltd from Settle UK is a small company with an active status, founded 16 years ago. With ten employees and £233,710 in assets, it’s a modest operation run by a solo founder and a single director. The company has a real address and operates as a regular importer and exporter of clothing and accessories made by knitting or crocheting, with 65 months of import activity and 6 months of export activity recorded.

The company’s website, piccalilly.co.uk, showcases a wide range of knitted and crocheted clothing and accessories for children and adults, emphasizing ethical sourcing and sustainable practices. It’s a wholesale business, selling to retailers rather than directly to consumers, and operates in the wholesale of clothing and footwear industries.

Financially, Piccalilly Ltd’s recent performance presents a mixed picture. Current assets have decreased by 26%, dropping to £230,000, while net assets have fallen by 21%, settling at £150,000. Bank borrowings have increased by 5.3%, reaching £11,000, and cash reserves have plummeted 55%, down to £32,000. However, creditors have also decreased by 47%, suggesting improved debt management. The company meets two of three conditions to be classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The significant drop in equity could be due to reinvestment in the business or other factors, and the lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The decrease in average employees during the period, from ten to eight, is notable. It could reflect a shift in operational strategy or temporary staffing changes. Overall, Piccalilly Ltd seems to be navigating a challenging financial environment, but its focus on ethical sourcing and sustainable practices could help it maintain a loyal customer base and weather the storm.

Registered in England/Wales under the registration number 06885067, with a registered address at BD24 0LA, Settle, North Yorkshire, The Borrins, Rathmell.

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