Sorelle Uk Brand Limited

Sorelle Uk Brand Ltd from Sheffield UK: a small, active company founded eight years ago, employs fourteen people, and holds £937,141 in assets. It’s a solo-founded operation with two directors overseeing its activities, and operates a thriving e-commerce site. The company regularly imports clothing and accessories made by knitting or crocheting—twenty-seven months of import activity recorded, the latest in June 2024—and occasionally exports similar items, with just one month of export activity noted in November 2024.

The company’s website, SorelleUK.com, showcases a range of women’s clothing for various occasions, from dresses and coords to loungewear and outerwear. It's clearly focused on online retail, with a user-friendly interface, new arrivals section, and a loyalty rewards program. The site emphasizes UK next-day delivery and offers various payment options like Klarna and Clearpay.

Financially, Sorelle Uk Brand Ltd shows a mixed picture. Current assets have increased significantly by 170% to £1,400,000, while net assets have also seen a substantial increase of 340% to £560,000. Bank borrowings have decreased by 32% to £22,000, and cash reserves have jumped a remarkable 1300% to £930,000. Creditors have increased by 130% to £850,000, and trade debtors have risen by 15% to £290,000. 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 stay agile, but the increase in creditors raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Sorelle Uk Brand Ltd appears to be financially healthy, with strong asset growth and substantial cash reserves. The company’s focus on e-commerce and its commitment to customer service seem to be paying off, although the increase in creditors warrants monitoring.

Registered in England/Wales under the registration number 10490675, with a registered address at S6 1NJ, United Kingdom, Sheffield, South Yorkshire, Unit 3 Nutwood Trading Estate, Limestone Cottage Lane.

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