Self Service Ltd

Self Service Ltd is a small, active company based in London, UK, established 22 years ago in March 2003. With ten employees and £2,550,967 in assets, it’s a solo-founded operation managed by two directors and one owner. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 559 months of import activity and 372 months of export activity recorded.

The company operates as a wholesale showroom connecting global brands with local consumers. Its website, selfserviceuk.com, showcases a curated selection of contemporary fashion brands, including Barefoot Dreams, Bohemian Traders, and Spell Summery Copenhagen. The site offers a range of services, including showroom hire and dates, and actively promotes its brands through social media and email marketing. It’s a modern business, clearly focused on online presence and brand partnerships.

Financially, Self Service Ltd’s report reveals a mixed picture. While current assets decreased by 6.5% to £2.6 million, net assets remained stable at £1.6 million. Bank borrowings decreased significantly by 30% to £290,000, and cash reserves fell 35% to £510,000. Creditors also decreased, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves could indicate increased operational expenses. The report doesn’t mention an auditor, likely due to its small size and exemption from audit.

Overall, Self Service Ltd appears to be a well-established business navigating a competitive market. The decrease in cash reserves is something to keep an eye on, but the company’s strong brand partnerships and online presence suggest a solid foundation for future growth. It’s a business that seems to be doing alright, but could benefit from a little more cash on hand.

Registered in England/Wales under the registration number 04683303, with a registered address at W1H 4HN, London, 25 Harcourt Street.

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