Silkenberry Limited

Silkenberry Limited is a small, active e-commerce business based in Nottingham, UK, founded four years ago. With a single employee and £56,848 in assets, it operates from a virtual address shared by over 100 other companies. The company is led by a solo founder and director, Laura Beth Stannard, and regularly imports various textile products, sets, used clothing, and rags – the latest import was in November 2022.

The company's website showcases a range of luxury silk accessories, including heatless curl kits, silk pillowcases, and scrunchies, targeting women seeking healthy hair and quality sleep. It emphasizes ethical sourcing, sustainable packaging, and a wide selection of colors and styles, catering to international customers with a comprehensive list of countries and currencies. The site also features a blog with tips and updates, reinforcing its position as a knowledgeable resource in the silk beauty space.

Financially, Silkenberry Limited’s numbers present a mixed picture. While cash reserves increased by 7% to £8,000, net assets took a significant hit, plummeting 51% to just £9,700. Bank borrowings increased, reaching £28, and creditors jumped considerably, reaching £77,000 – a 17% increase. Trade debtors also rose, reaching £49,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is concerning. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems Silkenberry is experiencing some growing pains, needing to manage its increasing debts while maintaining its focus on premium silk products. The company's success will depend on its ability to balance growth with financial stability.

Registered in England/Wales under the registration number 13342231, with a registered address at NG12 4DG, England, Landmere Lane, Edwalton, Nottingham, Unit 4a, Langley House, Wheatcroft Business Park.

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