Soft Touch (uk) Ltd

Soft Touch Uk Ltd, based in Leicester, UK, is a small, active company founded 22 years ago in 3rd April 2003. It employs 36 people and holds £685,124 in assets. With a real registered address and two directors, it's a well-established operation, though accounts are currently 20 days overdue and confirmation statements are 4 months behind. The company, run by a solo founder, has a Google rating of 3.0 based on just two reviews. It’s a regular importer of clothing and accessories made by knitting or crocheting, with 42 months of import activity recorded, the last in December 2021.

The company’s website, Soft Touch Babywear, functions primarily as a portal for wholesalers, retailers, and consumers to discover its products. It showcases four distinct collections: Adorable, Essentials, Elegance, and Zero, each catering to different styles and price points. The site highlights a range of babywear items, from bibs and blankets to garments and toys, with a focus on quality and affordability. It also features a social media presence, encouraging followers to stay updated on new products and stock updates.

Financially, Soft Touch Uk Ltd presents a mixed picture. Current assets have plummeted by 76%, dropping to £690,000, while net assets have also declined significantly, falling 21% to £91,000. Bank borrowings have increased, and cash reserves have decreased by 11%, sitting at £2,500. Trade debtors have also seen a dramatic decrease, down 90% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp drop in equity raises concerns. No auditor is mentioned, likely due to exemption as a small company, so the figures rely on unaudited statements.

In short, Soft Touch Uk Ltd is facing financial pressures. While the company’s focus on babywear and its online presence suggest a strong brand identity, the recent financial trends indicate a need for careful management and possibly a re-evaluation of its business model. The company’s website does a good job of presenting a professional image, but the underlying financials tell a more complex story.

Registered in England/Wales under the registration number 04717702, with a registered address at LE5 3ST, England, Leicester, 52 - 54 Rolleston Street.

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