Posh Stuff Ltd

Posh Stuff Ltd from Gosport UK: a small, active company founded five years ago, currently has overdue accounts and confirmation statements for a year. It's a tight operation with one director and owner, registered at a real address and meeting the criteria for a small business – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website showcases a curated selection of Italian leather and suede handbags, emphasizing free postage within the UK for orders over £50. It operates primarily as an e-commerce business, selling directly to consumers through its website. The site is well-organized, featuring clear categories like Crossbody Bags, Shoulder Bags, and Accessories, and includes sections for About Us, Shipping & Returns, and Privacy Policy—a standard setup for online retailers. It’s clear that Posh Stuff Ltd is focused on a specific niche: high-quality handbags and accessories sold online.

Financially, Posh Stuff Ltd presents a mixed picture. While property, plant, and equipment remained stable at £8,800, net assets liabilities have worsened, dropping from -£21,000 to -£19,000. This suggests the company is struggling to build equity. Bank borrowings have remained steady, and creditors have also stayed consistent at £48,000, indicating no major shifts in debt management. The lack of employees (zero reported) points to a lean operation, and the absence of an auditor (likely exempt as a small company) means the figures are unaudited. The company's small size helps it stay nimble, but the negative equity is a concern.

Overall, Posh Stuff Ltd appears to be navigating a challenging financial landscape. While its online presence is professional and targeted, the negative equity suggests it's burning through cash. Whether the company can turn things around will depend on its ability to increase sales and manage its expenses effectively.

Registered in England/Wales under the registration number 12396857, with a registered address at PO12 4SL, England, Gosport, 68 Avery Lane.

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