Smithson Ltd.

Smithson Ltd from Edgware UK: small company, active status, founded 25 years ago, 1 employee, £30,874 assets, virtual address, 1 director, 1 owner. Regular importer of clothing and accessories made by knitting or crocheting (7 months imported). It’s a small, family-run business with a long history, having been incorporated back in February 2000. The company operates from a virtual address, which is a common arrangement for smaller entities, and is managed by a single director and owner, Ms. Hulme Samantha. With just one employee, Smithson Ltd maintains a lean operational structure.

The company’s primary activity revolves around importing clothing and accessories crafted through knitting or crocheting, with a consistent import history spanning seven months, the last recorded in November 2021. However, a deeper look reveals that Smithson Ltd is part of a larger investment trust, Smithson Investment Trust plc, which focuses on small and mid-cap global equities. The website showcases a range of investment funds, including the Fundsmith Equity Fund and the Fundsmith Stewardship Fund, all managed by the renowned Terry Smith. It seems Smithson Ltd acts as a conduit for these investments, importing materials related to the clothing and accessories sector.

Financially, Smithson Ltd presents a mixed picture. Current assets have increased significantly, jumping 120% to £31,000, while bank borrowings have risen dramatically, increasing by 210% to £31,000. Net assets have also grown, increasing by 6.4% to £170,000. However, the company’s creditors have increased by 12% to £57,000. The company's small size—meeting two of three conditions for being classified as small—allows for flexibility, but the rise in debt warrants closer attention. The unaudited accounts, exempt due to its small size, rely on director-reported data.

While the investment trust side appears robust, with a focus on global equities and a strong reputation, Smithson Ltd’s import business seems to be navigating a period of change. The company's virtual address and lean staffing suggest a streamlined operation, but the fluctuating financials indicate a need for careful management.

Registered in England/Wales under the registration number 03919745, with a registered address at HA8 6JZ, England, Edgware, 13 Whitchurch Lane.

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