Simply Joshimo Limited

Simply Joshimo Ltd, based in Bungay, UK, is a small, active company founded four years ago. With a single employee and £45,116 in assets, it operates from a virtual address – a detail worth noting as twelve companies share the same location. The company, owned and directed by Laura Lees, is a solo founder venture running an e-commerce site specializing in fashionable tights, stockings, and lingerie. It regularly imports clothing and accessories made by knitting or crocheting, with 42 months of import activity recorded.

The website, Simply Joshimo, showcases a wide variety of tights and stockings, categorized by style, color, and pattern. It’s a visually appealing site with clear product descriptions and a focus on customer service. The site also features a blog with articles on styling tights and other fashion tips. It’s clear the company is dedicated to its online presence.

Financially, Simply Joshimo Ltd presents a mixed picture. Current assets have decreased by 19%, dropping to £45,000, while net assets have plummeted a significant 91%, leaving just £1,100. Bank borrowings have increased, reaching £29,000, and cash reserves have fallen by 26%, sitting at £11,000. Trade debtors have increased substantially, by 150%, suggesting potentially delayed payments or an expansion of credit terms. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and only one employee. There's no mention of an auditor, which is likely due to its small size.

The decrease in equity is a notable trend, potentially indicating reinvestment in the business or increased operating expenses. While the e-commerce site appears active and well-designed, the financial figures suggest the company is burning through money. It’s possible that Simply Joshimo is still in a growth phase, but the sharp decline in net assets warrants close monitoring.

Registered in England/Wales under the registration number 12729073, with a registered address at NR35 1EH, England, Bungay, Suffolk, 11 Trinity Street.

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