Bloom Boutique Ltd

Bloom Boutique Ltd, based in Totnes, UK, is a small, holding company with an active status. Founded ten years ago in 2014, the company employs 64 people and holds £1,275,849 in assets. It’s led by two directors and one owner, and boasts a stellar 5.0 Google rating from 1833 reviews. The business regularly imports jewelry, precious stones, and metals, with the latest import activity recorded four months ago.

Bloom Boutique Ltd operates in the retail sale via mail order houses or via internet industries. Its website is not available for review, so the exact nature of its online presence remains unclear.

Financially, Bloom Boutique Ltd presents a mixed picture. While net assets increased by 8%, bank borrowings surged by 2,400%, reaching £29,000. Cash reserves fell 72% to £90,000, and current assets dropped by 4.3% to £1,300,000. Creditors decreased by 18%, suggesting improved debt management. Average employees increased by 22% to 78, which could be a sign of growth, but also increased costs. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

The sharp decline in cash reserves and increase in bank borrowings are concerning, and could indicate the company is burning through money. However, the decrease in creditors and increase in employees could be signs of a growing business. Overall, Bloom Boutique Ltd appears to be navigating a challenging financial landscape, but its strong Google rating and active import activity suggest it has a loyal customer base and a viable business model.

Registered in England/Wales under the registration number 09228160, with a registered address at TQ9 5DR, United Kingdom, Totnes, Devon, 3 The Plains.

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