Siarr Ltd

Siarr Ltd from London UK: a small, active company founded four years ago, employs three people, and holds £443,652 in assets. It’s a real address, managed by two directors and one owner, and operates an e-commerce site with a stellar 5.0 Google rating from a single review. The company regularly imports clothing and accessories made by knitting or crocheting, with 35 months of import activity recorded, the latest in January 2025.

Siarr Ltd specializes in retail sale of clothing in specialised stores, and also via mail order houses or the internet. The company’s website, while not providing extensive details, suggests a focus on curated collections and online sales. It's a small operation, meeting two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's financial data presents a mixed picture. While current assets have increased by a healthy 61% to £440,000, equity has decreased by 20% to £110,000. Bank borrowings have surged by a staggering 320% to £39,000, and cash reserves have fallen by 4% to £260,000. Trade debtors have also increased significantly, jumping 710% to £38,000. Interestingly, inventories have exploded, increasing by 4,100% to £150,000 – a possible sign of increased stock levels or a shift in purchasing strategy. Creditors have also risen by 140% to £340,000. The company’s unaudited accounts, exempt due to its small size, are signed off by Kala Atkinson.

Overall, Siarr Ltd appears to be growing, but the increased debt and decreased equity suggest it’s burning through cash faster than it’s generating profit. The significant increase in inventory may indicate a need to manage stock levels more effectively. It’s a small business, and these fluctuations are not unusual, but it will be interesting to see how the company navigates these challenges in the coming year.

Registered in England/Wales under the registration number 13052942, with a registered address at E10 7JW, United Kingdom, London, Vitesse House Unit 6 Estate Way, Leyton.

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