Shirley Wools Limited

Shirley Wools Ltd from Wisbech UK is a small, active company founded eleven years ago in 2013. It employs three people and holds £284,115 in assets. The company, a family business, operates from a real address and is overseen by three directors and two owners. It has a 5.0 Google rating based on 51 reviews and runs an e-commerce site.

The company specializes in supplying yarns for crafters, focusing on brands like Sirdar, Hayfield, and Sublime. Its website showcases a wide range of yarns, from DK to super chunky, catering to various knitting and crochet projects. It also offers knitting patterns and accessories. The website’s design suggests a long-standing presence in the market, with a focus on quality and a traditional aesthetic. It seems to be a specialist outlet, catering to a niche market of yarn enthusiasts.

Financially, Shirley Wools Ltd shows a mixed picture. Current assets decreased slightly by 0.72% to £280,000, while net assets remained steady at £220,000. Bank borrowings decreased by 30% to £150,000, and cash reserves remained consistent at £150,000. Creditors also decreased by 14% to £86,000, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it maintain flexibility. There is no auditor mentioned, as the company is exempt from an audit as a small company.

Overall, Shirley Wools Ltd appears to be a stable, albeit small, business. Its strong online presence and positive customer reviews indicate a loyal customer base, but the slight dip in assets warrants monitoring. The company’s focus on quality yarns and its family-run nature likely contribute to its longevity in a competitive market.

Registered in England/Wales under the registration number 08660001, with a registered address at PE13 4TR, England, Wisbech, Sherwood, Miletree Lane.

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