Tiger Lily Garments Ltd

Tiger Lily Garments Ltd, based in Manchester, UK, is a sizable company operating as a holding company with an active status. Established thirteen years ago in May 03, 2011, the company employs nineteen people and holds assets valued at £4,584,598. Yearly revenue reached £12,926,326, demonstrating a robust business model. The company’s real address is at 77 Newton Street, and it is managed by one director and one owner, with New Black Holding Ltd owning the company. Tiger Lily Garments Ltd operates an e-commerce site and maintains a stellar 5.0 Google rating based on one review. It regularly imports clothing and accessories made by knitting or crocheting, with 422 months of import activity recorded.

The company's website showcases a thoughtfully curated selection of jewellery and accessories sourced from various brands and producers worldwide. It also offers bespoke yoga and mindfulness sessions led by the founder, Marj, with over 20 years of experience. The site’s design is clean and modern, emphasizing quality craftsmanship and affordable prices. Quick shop features highlight specific items like moonstone drop earrings and silver bracelets, encouraging immediate purchases.

Financially, Tiger Lily Garments Ltd presents a mixed picture. While turnover decreased by 23%, falling to £13 million, assets also declined by 34%, landing at £4.6 million. Bank borrowings surged by a staggering 2,400%, reaching £29,000, and cash reserves plummeted 58% to £350,000. However, creditors decreased by 27%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the sharp decline in equity raises questions. The company’s auditor, Lindley Adams Limited Chartered Accountants, hasn't been mentioned in the report.

The decrease in staff numbers, from nineteen to seventeen, could be a result of restructuring or cost-cutting measures. The company’s continued reliance on imports, particularly in clothing and accessories, suggests a focus on sourcing unique products. Overall, Tiger Lily Garments Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 07619081, with a registered address at M1 1EX, England, Manchester, 77 Newton Street.

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