Audere Couture Ltd.

Audere Couture Ltd, hailing from Huddersfield, UK, is a small, active company established thirteen years ago. Despite a real address and a Google rating of 2.0 (based on five reviews), the business is currently facing some challenges, with accounts overdue for three months. It employs just four people and holds £34,442 in assets, overseen by one director and one owner. The company operates an e-commerce site, focusing on retail sales via mail order and the internet.

While the company’s website showcases a range of clothing, the financial data paints a more complex picture. Current assets have fallen by a significant 29% to £34,000, and net assets have plummeted a staggering 180% to -£6,100. Cash reserves have also taken a hit, decreasing by 28% to £33,000. On a positive note, creditors have remained relatively stable, suggesting some degree of debt management. The company's small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline is concerning.

The surge in bank borrowings, up 2,400%, to £29,000, and the drop in average employees during the period, falling 100% to zero, suggest the business may be burning through cash. It’s possible the company is investing in growth or facing unexpected expenses, but the lack of cash reserves is a red flag. The absence of an auditor (likely exempt due to its size) means these figures are unaudited, adding a layer of uncertainty.

Overall, Audere Couture Ltd appears to be navigating a difficult period. While its e-commerce presence suggests ongoing customer engagement, the financial data indicates a need for careful management and potentially some adjustments to its business model.

Registered in England/Wales under the registration number 07948790, with a registered address at HD8 9JN, England, Huddersfield, Crown House 1 Crown Street, Scissett.

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