Pure Collection Cashmere Limited

Pure Collection Cashmere Ltd from Burgess Hill UK: a large company holding company with an active status, was founded four years ago. It boasts £6,764,000 in assets, operates from a real address, and is managed by three directors and one owner. The company regularly imports clothing and accessories made by knitting or crocheting, with 44 months of import activity recorded.

This UK-based business specializes in the retail sale via mail order houses or via internet, offering a wide range of cashmere, wool, and cotton knitwear. Its website showcases jumpers, cardigans, sweaters, and accessories, encouraging visitors to order a free catalogue. The site is well-designed, with sections dedicated to new arrivals, style inspiration, and a "Cashmere Experts" section detailing care and sustainability initiatives. It’s clear they’re aiming for a premium, timeless aesthetic.

Financially, Pure Collection Cashmere Ltd presents a mixed picture. While current assets increased by 21%, to £6,800,000, cash reserves plummeted 63%, dropping to £770,000. Bank borrowings surged by 2,400%, reaching £29,000, and trade debtors ballooned by 280%, suggesting delayed customer payments. Interestingly, administrative expenses decreased by 20%, to £2,600,000, which could indicate cost-cutting measures. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and a balance sheet total over £18 million, but with no employee numbers reported. The unaudited accounts, prepared by Moore Kingston Smith LLP, rely on director-reported data.

The sharp decline in cash reserves is a concern, but the decrease in administrative expenses suggests some efficiency gains. Whether Pure Collection Cashmere Ltd can maintain its growth trajectory and premium brand image while navigating these financial pressures remains to be seen.

Registered in England/Wales under the registration number 12591963, with a registered address at RH15 9NB, United Kingdom, Burgess Hill, West Sussex, Wool Overs House, Victoria Gardens.

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