Sula Clothing Limited

Sula Clothing Ltd, based in Brighton, UK, is a small, active company founded 19 years ago. With two employees and £228,216 in assets, it operates a real address and is managed by a single director and owner. The company runs an e-commerce site, regularly importing clothing and accessories (not knitted or crocheted) for 16 months and exporting for a substantial 99 months. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website highlights a commitment to sustainable, independent womenswear, emphasizing slow fashion and fair trade practices. Sula Clothing specializes in handcrafted garments using organic and handwoven fabrics like Japanese organic denim and washed Irish linen. The current spring/summer collection features a palette of sun-drenched colours and unique designs inspired by vintage clothing, with a focus on hand-finished details like cutwork embroidery and tea dyeing. The website also features a "preloved" section, indicating a focus on circularity and extending the life cycle of its garments.

Financially, Sula Clothing Ltd presents a mixed picture. While cash reserves increased by a healthy 43% to £130,000, current assets also rose by 17% to £230,000. However, bank borrowings remain relatively stable at £9,900. Creditors have increased significantly, jumping 33% to £96,000, and other creditors have ballooned by 85% to £24,000. Trade debtors have also increased by 12% to £77,000. The company’s net assets have increased by 11% to £150,000. The increase in creditors and debtors could be a result of business growth, but it's something to keep an eye on. The company’s small size means it’s likely exempt from a full audit, relying on unaudited financial statements. The increase in other creditors suggests a need to manage cash flow effectively.

Registered in England/Wales under the registration number 05761260, with a registered address at BN42 4DP, England, Brighton, West Sussex, Unit C, 132 - 134 Albion Street, Southwick.

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