Style Centre Limited

Style Centre Ltd, based in Altrincham, UK, is a small, active company founded thirteen years ago. Employing eight people and holding £2,001,336 in assets, it operates from a virtual address – a point to note as thirty-nine companies share the same address. The business is a family concern, managed by two directors and two owners, and runs an e-commerce site. It regularly imports clothing and accessories made by knitting or crocheting (54 months) and exports clothing and accessories, not knitted or crocheted (35 months).

The company's website, Style Centre Wholesale, showcases a vast range of designer clothing and accessories from brands like Adidas, Alexander McQueen, Balenciaga, and many more. It caters to wholesale buyers, requiring a minimum order of five items, and operates a blog offering insights into the fashion industry, including sourcing products and the benefits of selling on Instagram. The site is well-designed and features a wide variety of product categories, from bags and coats to footwear and sunglasses.

Financially, Style Centre Ltd's picture is mixed. Accumulated depreciation on computer equipment rose by 15%, while furniture fittings saw a significant 34% increase. Bank borrowings remained steady, but creditors grew by 7.8%, and net assets increased by 14%. Debtors increased by 22%, suggesting potentially growing sales, but also a risk of delayed payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants monitoring. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company's financial statements were prepared by Bennett Brooks & Co Ltd.

Overall, Style Centre Ltd appears to be a stable, albeit small, business navigating the challenges of the wholesale fashion market. Its reliance on e-commerce and a broad product range, combined with a family-run structure, suggests a resilient model—though careful management of creditors will be key to its continued success.

Registered in England/Wales under the registration number 07915638, with a registered address at WA14 1EZ, England, Altrincham, Cheshire, Apex, 33 Victoria Street.

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