Sorsa Clothing Ltd

Sorsa Clothing Ltd is a small, active company based in Hamilton, UK, founded thirteen years ago in 2012. It boasts £358,027 in assets and operates from a real address, managed by one director and owner. The company runs an e-commerce site and irregularly imports clothing and accessories—not knitted or crocheted—with the last import activity occurring just one month ago. Its primary business involves retail sale of clothing in specialised stores.

The company’s website, Sorsa Clothing, showcases a range of "smart, casual, and activewear" targeting a UK audience and even offering international shipping. It’s a vibrant online store with a wide selection of clothing, from t-shirts and jeans to outerwear and accessories, and even a golf collection. The site emphasizes quick delivery, a range of currencies, and a user-friendly shopping experience. It’s clear they’re aiming for a modern, accessible brand.

Financially, Sorsa Clothing Ltd presents a mixed picture. Cash bank on hand has fallen significantly, dropping 77% to £50,000, while creditors have increased by 65% to £360,000. Finished goods have dramatically increased to £310,000, which could indicate a build-up of inventory. On the positive side, current assets have risen by 38% to £360,000, and trade debtors have disappeared entirely. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The significant drop in cash reserves and rise in creditors suggest the company may be burning through money, perhaps investing in inventory or facing cash flow challenges. However, the increase in current assets and disappearance of debtors could indicate improved sales and debt collection. The company’s small size allows for agility, but the financial trends warrant close monitoring.

Registered in Scotland under the registration number SC416956, with a registered address at ML3 0RA, Scotland, Hamilton, Lanarkshire, Limetree Garage, Glasgow Road.

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