Spinning Yarns Ltd

Spinning Yarns Ltd from Edinburgh UK: a small company with an active status, was founded two years ago. It employs just one person and holds £96,450 in assets, operating from a real address. With a single director and owner – a solo founder – the business runs an e-commerce site specializing in needlework and craft supplies.

The website, Spinning Jenny, is a vibrant online shop catering to tapestry, embroidery, knitting, and crochet enthusiasts. It offers a wide range of products, from wool and threads to kits and accessories, and even boasts exclusive designs. The site also has a physical shop in Skipton, North Yorkshire, open Monday to Saturday. The business is clearly focused on retail via mail order and internet sales, and it’s evident they try to present products as best as possible, so that you can almost reach out and touch them.

Financially, Spinning Yarns Ltd appears stable, though not booming. Current assets remained consistent at £96,000, while equity also stayed at £69,000. Cash bank on hand also remained steady at £59,000. Although the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, the lack of significant growth in assets might suggest a period of consolidation. No auditor is mentioned, which is common for small companies. The company’s consistent performance, however, indicates a well-managed operation, even if it’s not expanding rapidly.

Registered in Scotland under the registration number SC757020, with a registered address at EH7 5FN, Scotland, Edinburgh, Flat 3 21b Brunswick Road.

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