Baby Boutique By Claire Ltd

Baby Boutique By Claire Ltd, based in Glasgow, UK, is a small, active company established 14 years ago. Employing nine people, it holds £158,101 in assets and operates from a real address within the Braehead Shopping Centre. Managed by a single director and owner, Cunningham Claire, the business maintains a 3.0 Google rating based on 34 reviews. It’s a regular importer of clothing and accessories, not knitted or crocheted, with 37 months of import activity recorded.

The company’s focus is retail sale of clothing in specialised stores. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The website is non-existent, so it’s difficult to determine if it operates an e-commerce site, but the retail focus suggests a brick-and-mortar presence.

Financially, Baby Boutique By Claire Ltd presents a mixed picture. Accumulated depreciation for furniture and fittings increased by 14%, while motor vehicle depreciation rose significantly. Cash bank on hand decreased by 16%, and creditors increased by 12%. However, other inventories saw a substantial 88% increase, and net current assets also grew by 12%. The company's net assets remained steady. Trade debtors increased by 3%, and other taxation and social security payable increased by 32%. The company’s fixed assets decreased by 6.5%. It’s worth noting that the company’s employee numbers jumped by a staggering 180%, from nine to twenty-five. With no auditor mentioned, the financial statements are unaudited.

While the increase in inventories and net current assets suggests some growth, the rise in creditors and employee numbers, coupled with the unchanged net assets, could indicate that the company is burning through cash to fuel expansion. It’s possible that increased marketing efforts or new product lines are driving sales, but careful monitoring of cash flow will be crucial to ensure long-term sustainability.

Registered in Scotland under the registration number SC395488, with a registered address at G51 4BS, Scotland, Glasgow, Kiddie Boutique Unit 106 Braehead Shopping Centre, Kings Inch Road.

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