Slow Love Knitwear Limited

Slow Love Knitwear Limited is a small, active company based in Cirencester, UK, founded two years ago. With a single employee and £158,116 in assets, it’s a solo founder venture led by Von Bock Holly, who also serves as director and owner. The company operates in the retail sale via mail order houses or via internet industries, offering a range of knitwear products.

The company’s website, Slow Love Knitwear, showcases an eclectic collection of oversized jumpers, gilets, t-shirts, cardigans, and accessories, with a distinct focus on hand-knits and zodiac-themed designs. The site is clearly geared towards e-commerce, offering international shipping and accepting various payment methods, including Klarna. It's a modern, visually appealing online store, emphasizing quality and craftsmanship.

Financially, Slow Love Knitwear Limited’s report reveals a mixed picture. While current assets increased by 22%, net assets decreased by 57%, dropping to £9,000. Bank borrowings significantly increased by 330%, reaching £56,000, while cash reserves declined by 43% to £25,000. Creditors also rose considerably, increasing by 190% to £140,000. The company's small size (meeting two of three criteria for being small) allows for agility, but the decline in equity and the rise in debt suggest potential financial pressures. The company's unaudited financial statements, exempt from an audit due to its small size, rely on director-reported data.

It seems the company is investing in growth, as evidenced by increased borrowing and a rise in creditors. However, the drop in net assets and cash reserves indicates a need to carefully manage expenses. The company’s focus on online sales and unique designs positions it well in the competitive knitwear market, but sustained profitability will depend on effective financial management and continued customer engagement.

Registered in England/Wales under the registration number 14123644, with a registered address at GL7 2BX, England, Cirencester, Office 1 Abberly House, Park Street.

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