Tilley And Grace Limited

Tilley And Grace Limited, based in Loughton, UK, is a small holding company with an active status, established eleven years ago in 2014. The company employs thirty-three people and holds £709,107 in assets, operating from a virtual address—a fact highlighted by the presence of twenty-nine other companies registered at the same location. It’s managed by one director and one owner, and its accounts are unaudited.

The company's primary focus is importing clothing and accessories, specifically those *not* knitted or crocheted, with a consistent record of fifty-five months of import activity. It also engages in irregular exporting of clothing and accessories made by knitting or crocheting, with just one month of export activity recorded in 2019. The company operates in the wholesale of watches and jewellery, and the other retail sale of new goods in specialised stores (not commercial art galleries and opticians).

Tilley Grace Women’s Clothing Stores, the company’s website, showcases a curated selection of stylish clothing, accessories, handbags, jewellery, and scarves. The site emphasizes luxurious materials like pure silk and Italian leather, and features collections like "The Crochet Collection" and "Founder's Favourites." The website also has a loyalty program, Pink Points, and a blog with styling videos and giveaways.

Financially, Tilley And Grace Limited demonstrates a mixed picture. Current assets increased by 14%, reaching £710,000, while net assets grew by 29%, reaching £490,000. Bank borrowings decreased by 44%, falling to £12,000, and cash reserves remained steady at £480,000. However, trade debtors increased significantly by 88%, reaching £86,000, suggesting potential challenges in collecting payments. Creditors also decreased by 5%, to £240,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than fifty employees. The company’s accounts are signed off by Mrs S J Hicks, the director.

Overall, Tilley And Grace Limited appears to be financially stable, with growing assets and a healthy cash position. However, the increase in trade debtors warrants monitoring, and the reliance on a virtual address could raise questions about operational efficiency.

Registered in England/Wales under the registration number 08924447, with a registered address at IG10 4LG, Loughton, Essex, 3rd Floor Crown House, 151 High Road.

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