Beggars Run Limited

Beggars Run Ltd from London UK: a small company with an active status, was founded twelve years ago and employs just two people. The business holds £363,260 in assets and operates from a virtual address, managed by two directors and one owner, boasting a stellar 5.0 Google rating from 125 reviews. They regularly import clothing and accessories, not knitted or crocheted, with 36 months of import activity.

The company’s website reveals a unique business model: a curated menswear retailer offering bespoke, made-to-order garments. Nestled on Charlotte Road in Shoreditch, the studio is open by appointment, emphasizing a personal, intimate shopping experience. The website highlights the use of high-quality English mills and a commitment to slow fashion, minimizing waste through made-to-order production. The company even has a showroom and operates from Cambridge.

Financially, Beggars Run Ltd presents a mixed picture. While current assets increased by a healthy 54% to £360,000, equity has seen a dramatic surge, jumping 7800% to £180,000. However, cash reserves have fallen 56% to £66,000, and bank borrowings decreased by 37% to £37,000. Trade debtors have increased significantly, reaching £180,000, which could indicate a shift in payment terms or increased sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial increase in equity warrants further investigation. With no auditor mentioned, the financial statements are unaudited.

In essence, Beggars Run Ltd appears to be experiencing a period of growth, but the increased debtors and decrease in cash should be monitored closely. The company’s focus on quality and bespoke service seems to be resonating with customers, but sustaining this momentum will require careful financial management.

Registered in England/Wales under the registration number 08186316, with a registered address at N12 7HD, London, 104 Southover.

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