Bowtastic Clips Ltd

Bowtastic Clips Ltd, based in Bishop Auckland, UK, is a small, active company founded six years ago. With eleven employees and £310,586 in assets, it’s a family-run operation led by a solo founder and two directors. The company operates an e-commerce site, earning a perfect 5.0 Google rating from five reviews, and regularly imports miscellaneous manufactured goods—nine months worth, with the last import in May 2023.

Bowtastic Clips specializes in girls’ hair accessories, offering a wide range of bows, bobbles, and headbands through its website. The site emphasizes clearance sales, bundles, and school-specific designs—gingham bows and two-color school bows being particularly popular. It also offers gift wrapping and local pickup, catering to both online and in-person shoppers. The website’s design is bright and colorful, reflecting the playful nature of its products.

Financially, Bowtastic Clips Ltd shows some interesting trends. Accumulated depreciation for computer equipment increased significantly by 65%, while furniture fittings saw a 31% decrease. The number of employees rose by 18% to thirteen, suggesting growth in operations. Bank borrowings, however, remained relatively stable. Creditors also increased by 21%, and corporation tax payable saw a massive jump of 2,200%, which is something to keep an eye on. Despite this, cash bank on hand increased by 18% to £220,000. The company’s small size—meeting two of three conditions for being considered small—allows for flexibility, but the rise in tax payable is a concern. As a small company, it's exempt from an audit, so the financials are unaudited.

Overall, Bowtastic Clips Ltd appears to be a growing business with a strong online presence and a loyal customer base. The company’s ability to navigate the challenges of rising taxes and maintain a healthy cash position will be key to its long-term success.

Registered in England/Wales under the registration number 11565238, with a registered address at DL14 6RY, England, Bishop Auckland, 85 St. Andrews Road.

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