Style Is Me Ltd

Style Is Me Ltd from Rochdale, UK, is a small, active company established three years ago. With fifteen employees and £34,171 in assets, it operates as an e-commerce site and real address. The business is led by one director and owner. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s website, UpStyle Me, is a unique boutique offering a curated selection of fashion, homeware, and silk flowers. Located on a lifestyle property in Swannanoa, North Canterbury, it's a hidden gem with three distinct stores under one roof. Customers can find new, preloved, and vintage clothing, high-quality floral arrangements, and one-of-a-kind decorative pieces. Additionally, the boutique features a French-inspired Beauty Cottage offering relaxation massages and beauty treatments. The site also promotes selling preloved items, and even offers personalised shopping sessions.

Financially, Style Is Me Ltd’s recent reports present a mixed picture. Cash bank on hand increased significantly, jumping 2800000%, reaching £28,000. However, net assets decreased by a substantial 3200000%, settling at -£32,000. Trade creditors increased by 35%, reaching £33,000, while trade debtors grew by 890%, reaching £21,000. The company’s retained earnings and accumulated losses also show a significant decline. The lack of an auditor is not surprising given its small size and exemption status.

The increase in debt suggests the company may be burning through cash, but the rise in cash reserves could be a result of increased sales. The decline in equity, however, is concerning and could indicate financial strain. It’s likely the business is navigating the challenges of growth and adapting to changing market conditions.

Registered in England/Wales under the registration number 13826538, with a registered address at OL12 7BD, England, Rochdale, Unit 6 Coldwall Industrial Estate.

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