Sisters Limited

Sisters Limited is a small, active company from London, UK, founded 21 years ago in 2003. It employs six people and holds £271,130 in assets, operating from a virtual address shared by over twenty other companies. The business is a family affair, run by two directors and two owners. Sisters Limited regularly imports clothing and accessories made by knitting or crocheting, with 45 months of import activity recorded, and occasionally exports footwear and related items, with just two months of export activity.

The company's website, SistersandSeekers, showcases a vibrant online retail business selling women's clothing and accessories. The site features a wide range of products, from knitwear and outerwear to activewear and gift sets, catering to a fashion-conscious customer base. It has a good website with lots of product categories and a blog. The site also emphasizes a "Seekersville" membership program offering points and discounts, and student discounts.

Financially, Sisters Limited’s recent performance presents a mixed picture. Current assets increased by 49% to £270,000, while net assets increased by 210% to £1,500. Bank borrowings increased by 47% to £13,000, and cash reserves increased by 36% to £24,000. Creditors remained steady at £160,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Despite this, a significant increase in trade debtors suggests a potential issue with customer payments, or perhaps a strategic move to offer more credit. There’s no auditor mentioned, which is common for small, exempt companies.

Overall, Sisters Limited appears to be navigating a period of growth, but the increase in debtors warrants closer attention. The company’s focus on online retail and its strong brand presence suggest a solid foundation for continued success, though managing cash flow will be key.

Registered in England/Wales under the registration number 04978712, with a registered address at N13 4XS, United Kingdom, London, 293 Green Lanes, Palmers Green.

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