Abigail's Collection Ltd

Abigail's Collection Ltd, based in Colchester, UK, is a small, family-run business with an active status, celebrating 12 years since its founding. The company employs 12 people and holds £371,029 in assets, operating from a virtual address – a detail worth noting as 23 companies share the same address. With two directors and two owners, it’s a tight-knit operation, bolstered by a perfect 5.0 Google rating from 316 reviews. The business primarily functions as an e-commerce site, specializing in wedding dresses and bridal wear, alongside a menswear division catering to grooms and their parties.

The company’s website showcases a stunning collection of wedding gowns from various designers, including Madi Lane and Eva Lendel, alongside a dedicated section for menswear hire and tailoring. It's clear that Abigail's Collection Ltd prides itself on offering a VIP, personalized shopping experience, complete with complimentary Prosecco and a signature gift. The website also highlights the company’s numerous awards, emphasizing its reputation for excellence in the bridal industry. They even offer a special gift on arrival.

Financially, Abigail's Collection Ltd presents a mixed picture. While current assets increased by a respectable 43% to £370,000, equity took a significant hit, dropping 87% to £120,000. Bank borrowings also increased by 7.9% to £54,000, and cash reserves declined by 39% to £18,000. Creditors, however, rose considerably by 36% to £250,000. The company meets the criteria for a small business, with turnover under £10.2 million and fewer than 50 employees. No auditor is mentioned, which is likely due to the company’s small size and exemption from an audit. The accounts are unaudited.

The rise in creditors suggests a possible need for improved cash flow management, while the drop in equity could be a result of reinvestment in the business or other factors. Despite these challenges, Abigail's Collection Ltd maintains a strong online presence and a loyal customer base, suggesting a resilient business model.

Registered in England/Wales under the registration number 08097233, with a registered address at CO3 3LX, England, Colchester, Essex, Warden House, 37 Manor Road.

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