Suspects Lingerie Ltd

Suspects Lingerie Ltd is a private limited company registered in England/Wales with the registration number 12350977. The company was founded five years ago on December 05, 2019, and registered at W1K 2HZ, United Kingdom, London, 18 Park Street Mayfair. The address is probably virtual as fourteen companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

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, employees less than 50. The last reported current assets is £80,000. The company’s website, Suspects Lingerie, appears to be a fully functioning e-commerce site, suggesting a focus on online sales of lingerie.

Financially, Suspects Lingerie Ltd shows some interesting trends. Cash bank on hand increased significantly by 64%, reaching £67,000, while trade debtors rose sharply by 300%, reaching £2,400. Creditors also increased, rising by 37% to £450,000. A notable decrease in property, plant, and equipment, dropping 98% to just £6, might indicate a shift away from physical assets or depreciation. Net current assets liabilities are at -£370,000. The company’s equity is also negative, at -£370,000.

The company's small size and lack of employees suggests a lean operation, likely managed by the director, Kaur Kirenjeet. The absence of an auditor, a common exemption for small companies, means the financial statements are unaudited. While the increased cash reserves are encouraging, the rising debts and negative equity indicate potential financial pressures. 3v International Ltd owns Suspects Lingerie Ltd. The company's future likely hinges on its ability to manage its debts and sustain online sales.

Registered in England/Wales under the registration number 12350977, with a registered address at W1K 2HZ, United Kingdom, London, 18 Park Street Mayfair.

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