Tight Side Latex Limited

Tight Side Latex Limited is a small, active company based in St. Albans, UK, founded four years ago in 2020. It’s a solo venture, run by a single director and owner, Holly Smith, and employs just one person. The company holds £9,049 in assets and operates from a real address, with a dedicated e-commerce site selling a wide range of latex clothing and accessories. It’s a niche business, catering to a global customer base with collections like "Reversible Revolution" and "Fierce Florals."

The website, Tight Side Latex, is a fully-fledged online store, offering everything from gloves and briefs to catsuits and dresses. It ships worldwide, with options for Australian dollars, Euros, and even cryptocurrency payments. The site also features a "Custom Order" section, highlighting bespoke latex creations. It's clear the company is focused on direct-to-consumer sales, leveraging its online presence to reach a dedicated following.

Financially, Tight Side Latex Limited presents a mixed picture. Current assets have decreased by 39% to £9,000, and net assets have plummeted 65% to just £53. Cash reserves have also fallen significantly, dropping 54% to £1,100. Trade debtors have decreased by 7.1% to £6,900, and creditors have decreased by 40% to £9,200. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a concern. With no auditor mentioned, the financial statements are unaudited.

The company's reliance on a single employee and the decrease in cash reserves suggest it’s operating on a tight budget. While the e-commerce site appears well-maintained and actively promoted, the financial data indicates a need to manage expenses carefully. It's likely the company is burning through cash, but it's difficult to say if this is a temporary situation or a longer-term challenge.

Registered in England/Wales under the registration number 12770498, with a registered address at AL1 1PL, England, St. Albans, Hertfordshire, 190 London Road.

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