Praslin Clothing Ltd
- Small
- Active
- 8 years
- 2 employees
- £425,463 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- Rating 2.0 (10)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Praslin Clothing Ltd, based in Manchester, UK, is a small, active company founded eight years ago. With two employees and £503,931 in assets, it operates from a real address and is led by a single director and owner, who also serves as the solo founder. The company holds a modest Google rating of 2.0 based on ten reviews. It’s a regular importer of clothing and accessories, not knitted or crocheted, with 15 months of import activity recorded, the latest in February 2025.
The company’s website showcases a range of women’s plus-size clothing, catering to sizes 16-26. It operates as a wholesale supplier, primarily targeting highstreet and online retailers, including major UK fashion platforms. Praslin Clothing Ltd also has a showroom in Manchester, allowing retailers to view collections firsthand. The website highlights the company’s in-house labels, Praslin and Aarya, and emphasizes design, quality, and affordability. It’s clear they're aiming to be a go-to source for stylish, size-inclusive fashion.
Financially, Praslin Clothing Ltd presents a mixed picture. Current assets increased by a substantial 30% to £500,000, which is a positive sign. However, bank borrowings decreased by 24% to £30,000, and cash reserves fell by 7.6% to £220,000. Creditors decreased by 20% to £43,000, suggesting better management of short-term debts. The company’s size—meeting two of three criteria for a small company—allows for agility, but the increase in trade debtors by 400% to £130,000 could indicate challenges in collecting payments. With no auditor mentioned, the figures are unaudited.
The company’s focus on wholesale and its physical showroom suggest a business model geared towards established retailers. The rise in current assets is encouraging, but the increase in trade debtors warrants closer attention. It’s possible that the company is expanding its customer base, which could explain the delayed payments, but monitoring this trend will be important for long-term financial health.
Registered in England/Wales under the registration number 10520375, with a registered address at M8 8LZ, United Kingdom, Manchester, 39b Broughton Street, Cheetham Hill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 8 pages pdf report
-
Confirmation statement made on 2025-03-16 with no updatesDownload 3 pages pdf report
-
Director's details changed for Mr Deepak Vij on 2024-11-12Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Praslin Clothing Ltd
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