Simply Colors Limited

Simply Colors Ltd from Stockport UK: small company, active status, founded 17 years ago, 5 employees, £93,870 assets, virtual address, 1 director, 1 owner, e-commerce site. Irregular importer of toys, games, and sports equipment (1 months imported). Simply Colors Ltd is a small, family-run business operating from Stockport, UK. Established seventeen years ago, the company employs five people and holds £93,870 in assets. It operates an e-commerce site and is an irregular importer, mainly dealing with toys, games, and sports equipment, with the last import activity recorded one month ago. The address is a virtual one, as ten companies are registered there.

The company’s website, Simply Colors UK, is a vibrant destination for personalised clothing and accessories. Since 2008, it has been dedicated to turning everyday items into extraordinary gifts, perfect for every occasion. The site offers a wide range of products, from personalised baby clothes to adult hoodies and accessories, all customisable with names, phrases, or graphics. It’s a place where customers can bring their ideas to life and create unique gifts for loved ones.

Financially, Simply Colors Ltd shows some concerning trends. Current assets have decreased by 24% to £94,000, and net assets have fallen 37% to £60,000. Bank borrowings have increased, and cash reserves have dropped. While creditors decreased, the overall picture suggests a company facing financial pressure. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity raises questions. With no auditor mentioned, the figures are unaudited.

It seems the company is burning through money, with a significant drop in cash reserves. The virtual address, while common for small businesses, does suggest a lack of physical presence. Whether the company can sustain its growth and maintain its reputation for personalised gifts remains to be seen.

Registered in England/Wales under the registration number 06505614, with a registered address at SK1 1DS, Stockport, Cheshire, Mellor House, 65-81 St. Petersgate.

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