Silke London Ltd

Silke London Ltd is a small, family-run business based in London, UK, with an active status. Founded eleven years ago in 2013, the company employs seven people and operates from a real address. With two directors and two owners, Silke London is a tight-knit operation, running an e-commerce site specializing in hair accessories. The company is an irregular importer, bringing in miscellaneous manufactured goods for a brief period two years ago, but primarily functions as a regular exporter, shipping headgear and accessories for a substantial 121 months, with the last export occurring in January 2025.

The company’s website, Silke London, showcases a range of products including hair wraps, heatless curlers, scrunchies, and clips, emphasizing damage-free styling and luxurious materials. The site’s design is clean and modern, with a focus on high-quality photography and customer testimonials. Bundles and gift options are prominently featured, catering to a variety of budgets and occasions. The website’s international shipping options and currency conversions suggest a global customer base.

Financially, Silke London Ltd presents a mixed picture. Accumulated amortisation of intangible assets increased by 95%, while depreciation of property and equipment rose by 40%. However, cash bank on hand decreased significantly by 50% to £73,000. Creditors increased by 94%, and trade debtors rose by 4.6%. Equity has taken a notable hit, falling 36% to £350,000. The company’s small size—meeting two of three conditions for being classified as small—helps maintain agility. The significant increase in other creditors and debtors suggests potential cash flow challenges, but the company’s focus on high-margin products and direct-to-consumer sales could help mitigate these risks. It's worth noting that the company's unaudited financial statements are exempt from an audit due to its small size. The decrease in future minimum lease payments is also worth noting, although its impact is unclear.

Registered in England/Wales under the registration number 08510471, with a registered address at N21 2DJ, England, London, 45 The Orchard.

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