Brand Runner Ltd

Brand Runner Ltd from Chesterfield, UK, is a small, family business with an active status, founded five years ago. The company employs nine people and holds £121,017 in assets, operating from a virtual address. It’s led by two directors and two owners, and registered at 40 Clarence Road, S40 1LQ. The business specializes in retail sales of clothing, footwear, and accessories through mail order and online channels. The company’s website is currently undergoing maintenance, with a message indicating a return soon.

The company’s online presence suggests a focus on e-commerce, although the site’s unavailability makes it difficult to fully assess its operations. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the retail sale of clothing in specialised stores, the retail sale via mail order houses or via internet, and the retail sale of footwear in specialised stores.

Financially, Brand Runner Ltd presents a mixed picture. Accumulated depreciation for furniture and plant machinery has increased, suggesting investment in assets. However, the number of employees has decreased by 22%, which could be a result of restructuring or changing business needs. Cash reserves have seen a dramatic increase of 4300%, jumping to £56,000—a positive sign. On the other hand, creditors have risen significantly by 230%, reaching £97,000, and net assets have declined by 19%. Other taxation and social security payable has also increased by a whopping 410%. The company’s bank borrowings have remained stable, at £8,900. There’s no mention of an auditor, which is likely due to the company’s small size and exemption from an audit.

Overall, Brand Runner Ltd seems to be navigating some financial pressures, with rising debts and a decrease in equity. However, the substantial increase in cash reserves indicates a potential for stability, although it’s unclear whether this is a temporary boost or a sustainable trend.

Registered in England/Wales under the registration number 12443342, with a registered address at S40 1LQ, England, Chesterfield, 40 Clarence Road.

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