Sofsy International Ltd

Sofsy International Ltd from Dorking UK: a small, family business active for nine years, employs three people, and holds £723,736 in assets. It's a real address, with two directors and two owners, and operates an e-commerce site. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with four months of import activity and fifty-two months of export activity.

The company's website showcases a wide range of hosiery, tights, and socks, available in numerous currencies and locations worldwide. It's a rather impressive list, covering almost every country imaginable, and offering complimentary shipping, laundry bags, and care gloves based on order value. The site’s design is a little busy, but it does emphasize a unique approach to finding the perfect shade of hosiery—a “perfect shade” finder, which is a nice touch. The website also has a "concierge" service, available 7 days a week, which is a good sign of customer focus.

Financially, Sofsy International Ltd presents a mixed picture. While cash reserves increased by 18% to £550,000, current assets also rose by 23% to £910,000. However, bank borrowings jumped significantly, reaching £14,000, and trade debtors decreased by 61%, suggesting potential issues with customer payments. Creditors also increased by 9.7% to £460,000. The company's small size—meeting two of three conditions for a small company—helps it remain agile. Accumulated depreciation on computer equipment has increased, and the company’s fixed assets have grown considerably, which could indicate investment in equipment. The lack of an auditor mentioned, as is common for small companies, means the figures are unaudited.

Overall, Sofsy International Ltd appears to be a stable, if somewhat reliant on its international reach, business. The increase in bank borrowings and decrease in debtors, however, warrants a closer look. The company's focus on a niche market—high-quality hosiery—and its commitment to customer service, as evidenced by the concierge service, could be key to its continued success.

Registered in England/Wales under the registration number 09825425, with a registered address at RH4 1LD, England, Dorking, Surrey, 22 Rothes Road.

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