Triangle Fashion Limited

Triangle Fashion Limited, based in London, UK, is a small, active company founded six years ago in 2018. With just one employee and a virtual address shared by fifty-two other companies, it’s a solo founder operation led by a single director and owner. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Golden Triangle Limited, presents a luxury clothing and home shop with a distinct aesthetic. The site features a photo gallery showcasing womenswear collections and emphasizes a blend of ever-changing fashion trends with quality fabric. The logo incorporates a family heirloom – a Buddha statue – reflecting a commitment to uniqueness and intertwining luxury and comfort. The site encourages customers to subscribe for a 15% discount and offers a contact form for inquiries, promising prompt responses. Copyright 2024 is displayed.

Financially, Triangle Fashion Limited is showing some concerning trends. Cash bank on hand has dropped by 53% to £1,300, and net assets have declined by 31% to £1,300. Equity has also fallen by 33% to £1,200, and bank borrowings are steady. Creditors remain constant at £890. With an average number of employees during the period decreasing by 100% to zero, the company is operating with minimal staff. The accounts are described as "filleted accounts" and are unaudited, with an accountant’s report. The company is exempt from an audit. 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.

While the website suggests a focus on luxury and unique designs, the financial data paints a picture of a company struggling to maintain its financial health. The decline in cash reserves and equity, coupled with the lack of employees, raises questions about its long-term sustainability. It’s possible the company is reinvesting heavily in its brand and website, but without further information, it’s difficult to determine the underlying causes of these trends.

Registered in England/Wales under the registration number 11461888, with a registered address at SW19 3ES, England, London, 4 Massey House, 85 Hartfield Road.

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