Trimming Shop Group Limited

Trimming Shop Group Ltd from Hornchurch, UK, is a small, active company founded nine years ago in 2015. With a single employee and £1,049,742 in assets, it’s a solo founder operation managed by one director and owner. The company operates an e-commerce site, boasting a 4.0 Google rating from 92 reviews, and regularly imports various textile products, sets, used clothing, and rags – 17 months of import activity were recorded, with the latest in August 2024. It also exports these items, though less frequently, with just two months of export activity noted, the last in September 2023.

The company's website, Trimming Shop, is a well-established online retailer specializing in haberdashery and crafting supplies. From buttons and zippers to fabrics and tools, it caters to a wide range of crafting enthusiasts and professionals. The site’s design is clean and user-friendly, with clear product categories and helpful descriptions. It also offers a blog with tutorials and inspiration for crafting projects.

Financially, Trimming Shop Group Ltd presents a mixed picture. While cash reserves increased significantly by 2200%, reaching £180,000, bank borrowings also surged by 510%, reaching £18,000. Creditors decreased by 34%, which is good, but trade debtors increased by 19%, suggesting potential issues with customer payments. 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 fluctuating debt levels warrant attention. The accounts are unaudited, a common occurrence for small companies, and no auditor is mentioned.

Overall, Trimming Shop Group Ltd appears to be a thriving e-commerce business, but the financial data suggests it's carefully managing its debts to maintain stability. The company's strong online presence and loyal customer base should help it navigate these challenges and continue to grow.

Registered in England/Wales under the registration number 09913989, with a registered address at RM12 5SL, United Kingdom, Hornchurch, 116 Lancaster Drive.

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