Sotobeach Ltd

Sotobeach Ltd from Bromley UK: small company, active status, founded 6 years ago, confirmation overdue 1 year, real address, 1 director, 1 owner, solo founder, e-commerce site. It's a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company, established in February 2019, operates in the wholesale of clothing and footwear, retail via mail order and internet, and other retail sales. Currently, confirmation statements are overdue by a year.

The company’s website, So To Beach UK, showcases a curated collection of premium luxury resort wear. It's clearly an e-commerce operation, featuring brands like Chelsea Peers, Pitusa, and LoveShackFancy. The site is well-designed, with a focus on visually appealing product displays and easy navigation. Products include pyjama sets, sundresses, abayas, and mini dresses, all with a bohemian twist. There’s a strong emphasis on designer beachwear, with worldwide delivery and fuss-free returns. The site also promotes a social media presence, encouraging customers to share their looks using the hashtag #sotobeach.

Financially, Sotobeach Ltd presents a mixed picture. Liabilities have significantly decreased, with accrued liabilities dropping a whopping 100% to zero. However, creditors have also plummeted 79% to £190,000. Trade debtors have vanished completely, and bank borrowings have risen to £190,000. Equity has remained steady, at -£190,000. The lack of employees (zero reported) suggests a very lean operation. While the company is small and agile, the substantial decrease in debtors and the rise in bank borrowings raise some questions. There’s no auditor mentioned, so the figures are unaudited. It’s possible that the company is experiencing cash flow challenges, or perhaps it’s strategically expanding its credit terms.

Registered in England/Wales under the registration number 11810927, with a registered address at BR1 1RJ, England, Bromley, Commercial House, Newman Road.

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