Sonal Fashion Ltd

Sonal Fashion Ltd from Wembley, UK, is a small, family business with an active status, founded three years ago. It employs just one person and holds £20,244 in assets, operating from a real address. The company is managed by two directors and owned by two individuals. It runs an e-commerce site and imports clothing and accessories (excluding knitted or crocheted items) irregularly, with the last import occurring two months ago.

The website, Sonal Fashion Jewellery, showcases a wide range of Indian jewellery, from necklaces and earrings to bangles and pendants. It caters to various occasions, including bridal wear, festive celebrations, and everyday wear. The site emphasizes its diverse collection, competitive pricing, and convenient online shopping experience. It’s clear they’re targeting a niche market of customers seeking traditional Indian jewellery.

Financially, Sonal Fashion Ltd presents a mixed picture. Cash bank on hand increased significantly by 490% to £1,300, which is a positive sign. However, debtors surged by 760% to £4,400, which could indicate difficulties collecting payments. Creditors also increased by 16% to £20,000. Equity, however, rose by 38% to £370. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for small companies.

The company’s financial data suggests a period of growth, but also some challenges in managing cash flow. The increase in debtors could be a temporary blip, or it could signal a need to review credit policies. Overall, Sonal Fashion Ltd appears to be a small, family-run business with potential, but it needs to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 13950224, with a registered address at HA0 4QD, United Kingdom, Wembley, Middlesex, Viva Village, 192 Ealing Road.

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