Wool Couture Ltd.

Wool Couture Ltd, based in Barnsley, UK, is a small, active company founded nine years ago in 2016. Employing thirteen people, it holds £318,890 in assets and operates from a real address. With two directors, but no owners reported, the business runs an e-commerce site and has a respectable Google rating of 4.0 based on twenty-seven reviews. It regularly imports cotton products (six months) and exports miscellaneous manufactured goods (three months).

The company’s website showcases a wide range of crafting supplies, from knitting and crochet yarn to macrame kits and weaving looms. It caters to hobbyists of all skill levels, offering everything from beginner basics to advanced techniques. The site’s collections are extensive, featuring themed bundles and seasonal kits—a clear strategy to appeal to diverse customer preferences. They even offer a “Learn to Crochet Club” online, which is a nice touch.

Financially, Wool Couture Ltd presents a mixed picture. Creditors have increased significantly, by 38%, reaching £320,000, while cash reserves have plummeted 52% to £62,000. Bank borrowings have also been impacted, with a 46% decrease in non-financial instruments. Trade debtors have increased by a whopping 120%, which could be a sign of customers taking longer to pay. However, the company’s net assets have suffered a dramatic drop of 220%, reaching -£88,000, which is a serious concern. It’s a small company, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and no auditor is mentioned, so the figures are unaudited.

The company's fixed assets have also decreased by 48%, which is not good. It’s clear that Wool Couture Ltd is facing some financial headwinds, but its diverse product range and strong online presence suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 10005113, with a registered address at S72 9HA, England, Barnsley, The Old Robin Hood Southmoor Road, Brierley Gap.

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