Stylo Online Ltd

Stylo Online Ltd from Bolton UK is a small, active company founded nine years ago. With four employees and £664,299 in assets, it operates as a solo-founder e-commerce site with one director and one owner. The company’s real address is registered at BL4 7LW, England, Bolton, Gnd Flr Unit 1a Ivy Mill Lorne Street, Farnworth, and only one other company is registered at the same address.

The business specializes in retail sales via mail order and the internet, offering a range of products through its online store. Stylo Online’s website showcases a diverse selection of clothing and accessories, catering to a broad customer base. While the specific product categories aren’t immediately apparent, the emphasis is on accessible fashion and online convenience.

Financially, Stylo Online Ltd’s recent performance presents a mixed picture. Current assets increased slightly to £660,000, while cash bank on hand dropped significantly by 26% to £32,000. Creditors rose by 2.7% to £610,000, and trade debtors remained relatively stable at £180,000. The company’s equity grew by 14% to £64,000, a positive sign, but net current assets decreased by 9.6% to £51,000. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s accounts are unaudited, and no auditor is mentioned.

The increase in creditors, while not alarming, suggests the company may be relying on short-term financing. The decrease in cash reserves, however, is something to watch. While the company’s size allows for agility, the recent trends indicate a need for careful financial management. Bashir Mian is both the director and owner, and the company’s success hinges on his leadership and strategic decisions.

Registered in England/Wales under the registration number 09750359, with a registered address at BL4 7LW, England, Bolton, Gnd Flr Unit 1a Ivy Mill Lorne Street, Farnworth.

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