Socks Land Limited

Socks Land Limited, based in Leicester, UK, is a small, active company founded 11 years ago. With two employees and £438,617 in assets, it operates from a real address and is led by a single director and owner. The company is a regular importer, specializing in clothing and accessories made by knitting or crocheting, with 73 months of import activity recorded, the last in March 2025. It operates in the wholesale of textiles industries.

The company’s website is not available, making it difficult to determine if it operates an e-commerce site. Given the nature of its import business, it likely supplies retailers or other wholesalers rather than selling directly to consumers.

Financially, Socks Land Limited presents a mixed picture. Current assets decreased by 4.1% to £440,000, while net assets increased by 190% to £4,100. Bank borrowings decreased by 16% to £73,000, and cash reserves increased by 140% to £5,400. Trade debtors increased significantly by 240%, which could indicate increased sales but also potential difficulties in collecting payments. Creditors decreased by 16%, suggesting better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in debtors should be monitored. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s owner, Caglar Oguz, appears to be actively involved, as he serves as both director and owner. The recent increase in cash reserves is a positive sign, but the company will need to continue managing its debtors effectively to ensure financial stability.

Registered in England/Wales under the registration number 08892400, with a registered address at LE4 1AU, England, Leicester, 38 Boston Road.

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