Softline Uk Limited

Softline UK Limited, based in Redhill, UK, is a holding company with an active status, having operated for 35 years. The company, employing just six people, holds £1.21 million in assets and generates £1.23 million in yearly revenue. It boasts a perfect 5.0 Google rating from six reviews and maintains a real address with three companies registered at the same location. Two directors and one owner manage the business, which has seen a change in the director list five months ago.

The company’s website clearly positions Softline UK as a provider of scalable distribution, e-commerce, marketplace sales, and fulfilment services. It emphasizes its ability to manage online sales, provide value-added distribution (including relabelling and repackaging), and offer fully integrated fulfilment solutions. The website highlights partnerships with major retailers and online marketplaces, and underscores its own warehouse ownership—a rarity in the industry. The company’s history dates back to 1989, and it actively imports electrical machinery and equipment (195 months of import activity) and exports toys, games, and sports equipment (71 months of export activity).

Financially, Softline UK Limited presents a mixed picture. Cash bank on hand has decreased by 24% to £470,000, while current assets have fallen by 28% to £1.2 million. Net assets have also declined significantly, dropping 34% to £490,000. Trade debtors have seen a sharp decrease of 57%, suggesting improved collection rates, however, bank borrowings have increased by 2,400% to £29,000. While the company’s turnover has fallen by 19% to £1.2 million, the decrease in administrative expenses by 4% indicates efforts to control costs. The company’s small size (meeting two of three criteria for a large company) allows for agility, but the decrease in equity raises concerns. The company’s accounts were audited by Wellden Turnbull Limited.

The trends suggest Softline UK Limited may be navigating a period of adjustment, potentially due to changing market conditions or increased competition in the e-commerce space. The company’s focus on value-added services and warehouse ownership, however, provides a competitive advantage and could support future growth.

Registered in England/Wales under the registration number 02438121, with a registered address at SS9 3NA, Leigh-On-Sea, Essex, 1066 London Road.

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