Simply Essentials Ltd

Simply Essentials Ltd, based in Rugby, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2011, it employs just two people and holds assets totaling £1,472,193. With a real registered address and two directors and owners – Tan Mustafa and Tan Pauline Anne – it's a tight-knit operation. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 129 months of import activity and six months of export activity recorded, the latest in February 1, 2025.

The company’s website, infosimplyessentials.com, showcases its role as a wholesaler of quality socks, specifically catering to men, women, and children. It operates from Unit 5, IO Centre, Swift Valley, Rugby, Warwickshire, CV21 1TW, and offers a range of services, including wholesale distribution. The site is clearly geared towards B2B sales, with contact information and business hours prominently displayed. It’s a straightforward, functional website, suggesting a focus on efficient order fulfillment rather than flashy marketing.

Financially, Simply Essentials Ltd presents a mixed picture. While cash reserves increased significantly by 85%, reaching £440,000, current assets remained stable at £1.5 million. Trade debtors decreased by 32%, which is a positive sign, but creditors also fell by 29% to £450,000. Bank borrowings were reduced by 55%, and equity grew by 22% to £1 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decrease in debtors could indicate a slowdown in customer payments. No auditor is mentioned, which is typical for small, exempt companies. Depreciation charges increased slightly, which is normal as the company invests in equipment. The company’s accounting standards applied are Small Entities.

Registered in England/Wales under the registration number 07751671, with a registered address at CV21 1TW, England, Rugby, Unit 5 The Io Center, Valley Drive.

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