Samantha K's Ltd

Samantha K's Ltd, based in Swansea, UK, is a small, active company established 17 years ago. It employs seven people and holds £296,100 in assets, operating from a real address and managed by two directors and a single owner. The company has a stellar 5.0 Google rating from 183 reviews. Samantha K's Ltd specializes in the retail sale of clothing in specialised stores, and is an irregular importer of clothing and accessories, not knitted or crocheted, with one month of import activity recorded as of August 2022.

The company’s website, Samantha K’s, is a bridal occasion wear shop with a focus on wedding dresses, bridesmaid dresses, and occasion wear. It encourages customers to book appointments and highlights a welcoming atmosphere, personalised consultations, and alteration services. The website also promotes awards and offers a “buy 3 bridesmaid dresses get 1 free” deal. It's clear the company is targeting brides and their parties, offering a range of sizes and styles.

Financially, Samantha K's Ltd presents a mixed picture. While current assets increased by 53% to £300,000, net assets only grew by 33% to £6,600. Bank borrowings, however, surged by 160% to £48,000, and cash reserves decreased by 29% to £4,100. Creditors also increased significantly by 42% to £250,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it doesn’t require an audit, and the figures are unaudited. The increase in bank borrowings and the decrease in cash reserves, while concerning, could be due to investment in inventory or marketing efforts to capitalize on the wedding season. The rise in creditors suggests the company may be managing its payments more aggressively, or perhaps is experiencing some cash flow challenges. It's possible the company is expanding its operations, which could explain the increased borrowing and inventory levels.

Registered in England/Wales under the registration number 06339045, with a registered address at SA4 8EA, Swansea, 12 Golwg-Y-Twr, Parc St Teilo, Pontarddulais.

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