Boutique Gx Ltd

Boutique Gx Ltd from Sunderland UK: a small, active company founded five years ago, currently has accounts and confirmation statements overdue for two years. With just two employees and a modest £1 in assets, it's a solo-founder operation managed by three directors and one owner. The company operates from a real address in Fulwell, Sunderland.

The company's website, The Forge Boutique, showcases Italian-style clothing at affordable prices, with a focus on brick-and-mortar retail through its stores. It also offers returns policies, terms of service, and privacy policies. The website is open Monday to Saturday from 9:30am to 5:00pm and on Sundays and bank holidays from 10:00am to 4:00pm. The website also has an email address for customer support.

Financially, Boutique Gx Ltd’s situation appears concerning. Current assets remained flat at £1, while net assets also stayed the same. Gross profit and operating profit both registered at -£1000, indicating a loss. Bank borrowings were not mentioned, and cash reserves were not reported. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the consistent losses raise questions about its long-term viability. No auditor is mentioned, which is common for small, exempt companies.

The company’s focus on retail, particularly through physical stores, could be a challenge in the current climate. While the website suggests a commitment to customer service and Italian style, the financial data paints a picture of a business struggling to generate profit.

Registered in England/Wales under the registration number 12200653, with a registered address at SR6 8JA, Sunderland, Tyne And Wear, 2a Bower Street, Fulwell.

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