Bareback Footwear Limited

Bareback Footwear Ltd, based in Worcester, UK, is a small, active family business founded eight years ago. With six employees and £1,465,610 in assets, the company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 238 reviews. It’s a regular importer of footwear and related items, with 43 months of import activity recorded. Four directors and two owners (though this list isn’s exhaustive) steer the ship.

The company’s website showcases a wide range of footwear, from ankle boots to long boots, catering to both men and women, with a particular focus on country and riding boots. The site emphasizes quality, comfort, and British craftsmanship, with collections like the Kentucky Collection featuring memory foam technology. It also offers a personalised over-the-phone fitting service and free postage and returns.

Financially, Bareback Footwear Ltd presents a mixed picture. Current assets have increased by 37% to £1,500,000, while net assets also grew by 38% to £900,000. However, bank borrowings have surged by 2,400% to £29,000, and cash reserves have fallen 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, so the figures are unaudited.

The increase in bank borrowings and decrease in cash reserves could indicate a period of investment or expansion, but it also raises questions about the company’s financial resilience. The strong Google rating and focus on quality suggest a loyal customer base, but the long-term sustainability of the business will depend on its ability to manage its finances effectively.

Registered in England/Wales under the registration number 10651072, with a registered address at WR6 6PQ, United Kingdom, Worcester, Units 15/16 Maylite Trading Estate Berrow Green Road, Martley.

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