Pie 2 Brands Ltd

Pie 2 Brands Ltd, based in Watford, UK, is a small, active company established 23 years ago. With three employees and £4,590,928 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 242 months of import activity and 62 months of export activity recorded.

Pie 2 Brands Ltd specializes in wholesale within the fashion industry, focusing on underwear, socks, and loungewear for high-profile brands across international markets. Its website highlights partnerships with well-known brands like UCLA, Lyle Scott, Ted Baker, and Skechers, suggesting a strong network of suppliers and retailers. The site’s clean design and focus on brand partnerships indicate a professional and well-established operation.

Financially, Pie 2 Brands Ltd exhibits a mixed picture. Current assets have decreased by 20% to £4,600,000, while net assets have increased by 7.6% to £1,000,000. Bank borrowings have surged by 600% to £110,000, and cash reserves have dropped by 79% to just £2,500. Creditors have fallen by 26% to £3,600,000, and trade debtors have remained relatively stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant increase in bank borrowings and decrease in cash reserves warrants closer attention. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Pie 2 Brands Ltd appears to be navigating a period of change. While its brand partnerships and wholesale focus suggest a solid foundation, the financial data indicates a need for careful management of debt and cash flow. The company's ability to maintain its supplier relationships and adapt to market trends will be crucial for its continued success.

Registered in England/Wales under the registration number 04407942, with a registered address at WD18 0BY, England, Watford, Hertfordshire, 27 King Street, Watford Place.

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