Shopoholic Fashion Ltd

Shopoholic Fashion Ltd, based in London UK, is a small, active company founded 12 years ago in 2013. With three employees and £611,188 in assets, it operates from a real address and is led by one director and owner, Bhattarai Prashant. The company regularly imports clothing and accessories, not knitted or crocheted, with 39 months of import activity recorded, the last in February 2025. It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, shopoholicfashion, highlights a focus on handcrafted style, with 95% of garments made in Nepal, supporting fair trade and local artisans. Inspired by journeys from the Terai to the Himalayas, each piece blends culture and creativity. After thriving in retail, the company is now bringing its distinctive designs online, with a focus on wholesale opportunities and a mention of accessories and hoodies.

Financially, Shopoholic Fashion Ltd presents a mixed picture. Current assets decreased by 14% to £610,000, while net assets increased by 5% to £460,000. Bank borrowings decreased significantly by 48%, reaching £11,000, and cash reserves fell slightly by 2.7% to £79,000. Creditors also decreased by 48%, 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) helps it remain agile. The increase in other debtors by 8.9% may indicate an expansion of credit terms or delayed payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Shopoholic Fashion Ltd seems to be holding its own, though the decrease in cash reserves and increase in debtors warrants attention. The company’s focus on ethical sourcing and online retail positions it well, but sustained financial health will depend on managing its debts and maintaining customer satisfaction.

Registered in England/Wales under the registration number 08490779, with a registered address at NW9 5LG, England, London, 47 Angus Gardens.

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