Tabitha Designs Ltd

Tabitha Designs Ltd is a small, active company based in London, UK, founded twelve years ago in 2013. It employs one person and holds £23,751 in assets, operating from a real address and managed by one director and owner. The company runs an e-commerce site and is an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting – its last import was two months ago in June 2024. It operates in the manufacture of women's outerwear, retail sales via mail order, and non-specialized retail stores.

The company’s website, Tabitha Webb, showcases a range of UK-designed fashion items, including cashmere bombers and knitwear, available in various sizes and colors. The site offers worldwide delivery and caters to multiple currencies, suggesting a global customer base. It also has a dedicated outlet section, indicating efforts to clear stock and offer discounted prices. The site's design is clean and modern, emphasizing high-quality imagery and a premium brand experience.

Financially, Tabitha Designs Ltd presents a mixed picture. Current assets have decreased by 43% to £24,000, while net assets have fallen 1.0% to -£660,000. Cash bank on hand has plummeted 94% to just £1,100, a significant drop. Creditors have remained steady at £600,000, and trade debtors have decreased by 30% to £2,600. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial losses and dwindling cash reserves are concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It’s clear that Tabitha Designs Ltd is facing financial pressures. While its e-commerce site appears well-designed and active, the declining assets and negative equity suggest the company is burning through money. Whether it can turn things around remains to be seen, but its focus on high-quality design and a global market may offer a path to recovery.

Registered in England/Wales under the registration number 08451226, with a registered address at SW3 4LA, United Kingdom, London, 1a 15 Chelsea Embankment.

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