Boutiqi Bags Limited

Boutiqi Bags Ltd from Huddersfield UK: a small, active company founded eight years ago, employs two people, and holds £47,645 in assets. It operates from a real address and is overseen by two directors and owners, running an e-commerce site. The company regularly imports leather goods, travel bags, and animal harnesses – a total of 23 months of import activity, with the last operation in December 2023 – and exports similar items, for 17 months, with the latest shipment in January 2025.

The company’s core business revolves around retail sales via the internet, offering a range of leather goods and travel accessories. While the website isn't explicitly detailed, the import and export activity suggests a focus on sourcing and distributing these items.

Financially, Boutiqi Bags Ltd presents a mixed picture. Current assets have decreased by 27% to £48,000, and net assets have fallen by 60% to -£87,000. Bank borrowings have increased significantly by 68%, reaching £23,000, while cash reserves are down. Creditors have also risen, suggesting a need for better cashflow management. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the drop in equity is a cause for concern. As a small company, it’s exempt from an audit, so the financial information is unaudited.

The company’s reliance on imports and exports, coupled with the fluctuating financial data, suggests it’s navigating a competitive market. Whether the current trends are temporary adjustments or indicative of a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 10181844, with a registered address at HD1 2SQ, United Kingdom, Huddersfield, Yorkshire, 6 Queen Street.

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