Beautifully Handmade Limited

Beautifully Handmade Ltd from Corby UK: small company, active status, founded 4 years ago, 1 employee, £5,130 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site. The company operates in the retail sale via mail order houses or via internet, the web portals industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £5,130.

The website, Beautifully Handmade UK, is a vibrant online marketplace brimming with handcrafted gifts and treasures. It features a wide array of items, from personalised stationery to custom-made greeting cards, catering to a diverse range of occasions and recipients. The site showcases a variety of gifts, including those for mum, dad, sister, brother, or any other special person in your life. It’s clear the website is focused on e-commerce, offering a vast selection of handmade gifts, decorations, and ornaments. The site also promotes itself as an alternative to Etsy, highlighting its unique selling points and benefits for both buyers and sellers.

Financially, Beautifully Handmade Ltd presents a mixed picture. Current assets have dramatically decreased by 60% to £5,100, a significant drop from the previous year. Bank cash has plummeted 98%, leaving just £200. Creditors have also increased by 35%, reaching £19,000. The company’s net assets are in the negative, at -£14,000, a considerable loss. While the company has only one employee, the decrease in assets and cash reserves suggests it’s burning through money. The company’s virtual address, shared by sixty other companies, raises questions about its physical presence and operational costs. With no auditor mentioned, the financial information is unaudited.

It's clear that Beautifully Handmade Ltd is facing some financial challenges, despite its active status and e-commerce focus. Whether it can sustain its operations and turn a profit remains to be seen, but the website’s vibrant selection and focus on handmade goods offer a glimmer of hope.

Registered in England/Wales under the registration number 13077739, with a registered address at CV4 9AL, England, Coventry, 57 Monticello Way.

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