Silk & Maple Ltd

Silk And Maple Ltd from Sudbury UK: small company, active status, founded 4 years ago, 3 employees, £82,983 assets, real address, 2 directors, 2 owners, google rating 5.0 based on 185 reviews. Irregular importer of clothing and accessories, not knitted or crocheted (1 months imported).

Silk & Maple Ltd is a bridal shop located in Sudbury, Suffolk, operating as a small company with an active status. Established four years ago, it employs just three people and holds assets valued at £82,983. The business boasts a perfect 5.0 Google rating based on 185 reviews, reflecting a high level of customer satisfaction. It’s a family-run operation with two directors and two owners, and it imports clothing and accessories, though irregularly – with just one month of import activity recorded as of October 2022.

The company’s website showcases a curated collection of bridal gowns from renowned designers like Ellis Bridals, Hera Couture, and Sottero Midgley. It offers personal styling appointments and prides itself on providing a memorable experience for brides-to-be, even winning awards for its exceptional service. The website highlights a focus on customer service and expert advice, and the shop appears to be thriving as a destination for brides seeking a unique and personalized experience.

Financially, Silk & Maple Ltd presents a mixed picture. Current assets have increased by 68% to £83,000, a positive sign, while bank borrowings have surged by 340% to £11,000. Cash reserves have also increased by 340% to £11,000. However, the company’s equity has dramatically improved, increasing by -1500% to £13,000. Creditors have risen by 31% to £78,000. 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 it to remain flexible, but the large increase in creditors suggests it may be relying on credit to manage its operations. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Silk & Maple Ltd appears to be a successful bridal shop with a strong reputation, but its financial health is something to keep an eye on. The increase in creditors suggests it may be relying on credit to manage its operations, and it will be important to monitor its cash flow in the coming months.

Registered in England/Wales under the registration number 13036797, with a registered address at CO10 2AA, England, Sudbury, 10-12 Friars Street.

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