Somerbond Limited

Somerbond Ltd from Borehamwood UK: a small, active company founded 38 years ago, employs 11 people, and holds £644,108 in assets. With a real address, two directors, and no reported owners, it maintains a stellar 5.0 Google rating based on one review. The company regularly imports clothing and accessories made by knitting or crocheting, with 316 months of import activity recorded.

The company’s website reveals Somerbond is an award-winning supplier of licensed and non-licensed loungwear, nightwear, and casual separates for adults and children. Established in 1987 and now part of Yaman Tekstil Group, it works with global brands like Smiley, Barbie, and Sesame Street, manufacturing in India, China, Bangladesh, and Turkey. A London-based design team identifies trends and sources sustainable fabrics, supplying major retailers like ASOS, Matalan, and Next. The website clearly positions Somerbond as a wholesale supplier, not a direct-to-consumer retailer.

Financially, Somerbond Ltd presents a mixed picture. Current assets have decreased by 15% to £640,000, while net losses have deepened to -£360,000. Bank borrowings remain steady at £200,000, and cash reserves have fallen by 54% to £210,000. Trade debtors have increased significantly by 44%, suggesting a possible need for improved credit control. Creditors have also risen by 11%, and the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit. The lack of owners reported is unusual, and it’s likely one of the directors holds a significant stake. The company’s reliance on imports and its focus on wholesale suggest a business model vulnerable to supply chain disruptions and changing retail trends.

Registered in England/Wales under the registration number 02092771, with a registered address at WD6 4PJ, United Kingdom, Borehamwood, Hertfordshire, 250 Kinetic Centre, Theobald Street.

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