Solo Mia Ltd

Solo Mia Ltd is a small, active company based in Basingstoke, UK, founded seven years ago in 2017. With £35,203 in assets and a real registered address, it’s a solo-founded operation run by two directors and a single owner. The business operates an e-commerce site selling Italian fashion for women, with a focus on unique and affordable pieces. It regularly imports clothing and accessories, not knitted or crocheted, with four months of import activity recorded as of September 2024.

The website, Solo Mia, showcases a curated collection of women's clothing, including tops, dresses, skirts, and accessories. It emphasizes Italian craftsmanship and a personal touch, with Erika Conti, the founder, often featured in behind-the-scenes content and live market nights. The site also highlights a new showroom at Pitt Hall Farm, offering a personal shopping experience. It's clear Erika is passionate about the business and creating a community around her brand.

Financially, Solo Mia Ltd shows some concerning trends. Net assets declined by 34%, falling to £11,000, while cash reserves plummeted 51%, ending at £18,000. Trade debtors increased, suggesting customers are taking longer to pay. However, creditors decreased by 45%, which is a positive sign of improved debt management. 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 for flexibility, but the decrease in equity is something to watch. There's no auditor mentioned, likely due to the company's small size and exemption from an audit.

Overall, Solo Mia Ltd seems to be facing some financial headwinds, but Erika's dedication and the brand's unique appeal could help it weather the storm. It's a small business with a big personality, and it will be interesting to see how it evolves in the coming years.

Registered in England/Wales under the registration number 10854731, with a registered address at RG23 7JG, United Kingdom, Basingstoke, 48 St. Johns Piece.

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