Second Skin Studio Ltd

Second Skin Studio Ltd is a small, active company based in Sunderland, UK, founded four years ago in 2020. It employs two people and holds £40,539 in assets, operating from a real address. The company has two directors and two owners, and boasts a perfect 5.0 Google rating from one review. It’s an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with the last import recorded one month ago. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Second Skin, is a fully functional e-commerce platform. It’s a modern site with a clean design, showcasing a wide range of clothing items. The site features a detailed currency converter, allowing customers to view prices in various currencies worldwide. It also has a comprehensive list of countries with shipping options. The site’s focus is on providing a seamless online shopping experience, with clear product descriptions, high-quality images, and secure payment processing. The site is well-designed, and the user experience is good.

Financially, Second Skin Studio Ltd shows some interesting trends. Accumulated depreciation has increased significantly, rising 160% to £1,400, while cash bank on hand has jumped 260% to £31,000. Creditors have increased by 56% to £39,000, and net current assets liabilities have dramatically improved, moving from a negative £42 to a positive £1,500. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in creditors should be monitored. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Second Skin Studio Ltd appears to be financially stable, with growing cash reserves and improved net assets. The company’s focus on e-commerce and international sales positions it well for future growth, though it’s important to keep an eye on its increasing creditors.

Registered in England/Wales under the registration number 12573764, with a registered address at SR2 9HZ, England, Sunderland, 80 Aylesford Mews.

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