Brevitt - Rieker Limited

Brevitt Rieker Ltd from Market Harborough UK: a large company operating as a holding company with an active status, was founded 35 years ago. Employing 119 people, it holds assets valued at £8,824,126. The company has a real address, is managed by three directors, and has one owner. It runs an e-commerce site and enjoys a 5.0 Google rating based on 109 reviews. Regularly importing and exporting footwear and related items—485 months of imports and 97 months of exports—it’s a well-established player in the market.

The company’s website showcases a network of 16 Rieker shoe shops across England, emphasizing expert service and a comfortable shopping experience. Customers can explore a range of styles, receive personalized fittings, and enjoy special orders. The website also highlights Rieker’s commitment to comfort and style, offering a range of stylish shoes designed for everyday wear. The online presence is clearly a key component of their business model, supplementing the physical stores.

Financially, Brevitt Rieker Ltd presents a mixed picture. While cash and cash equivalents increased by 13%, reaching £1.2 million, current assets declined by 16%, settling at £8.8 million. Bank borrowings increased by 100%, reaching £190,000, while deferred income rose by a significant 66%, reaching £430,000. The company’s net assets, however, decreased by 18%, dropping to £730,000. Creditors also decreased by 14%, suggesting improved debt management. The company’s large size (meeting two of three criteria for being a large company) indicates a substantial operation, but the decline in net assets warrants closer examination. The financial statements were audited by Azets Audit Services, providing a degree of assurance.

The company's focus on footwear imports and exports, combined with its network of retail stores and online presence, suggests a diversified business model. The recent financial fluctuations, however, highlight the challenges of maintaining profitability in a competitive market. It’s possible that increased import costs or changing consumer preferences contributed to the decline in net assets, but further analysis would be needed to confirm this.

Registered in England/Wales under the registration number 02418034, with a registered address at LE16 9HW, Market Harborough, Leicestershire, 36 Compass Point.

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