Build Your Bears Wardrobe Ltd

Build Your Bears Wardrobe Ltd, based in Croydon, UK, is a small, active company founded 11 years ago. With just three employees and £37,664 in assets, it operates a virtual address and is led by a solo founder who also serves as director and owner. The company’s Google rating stands at a respectable 4.0 based on four reviews. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s primary focus is e-commerce, selling teddy bear clothing and accessories through its website. The site showcases a wide range of outfits, from simple t-shirts to elaborate costumes, catering to various styles and occasions. It even has a blog with articles on hosting teddy bear fashion shows and building a bear's wardrobe. The website is well-designed and easy to navigate, with clear product descriptions and attractive images.

Financially, Build Your Bears Wardrobe Ltd’s report reveals some concerning trends. Current assets have decreased by 15%, dropping to £38,000, while net assets have fallen by 7.1% to -£260,000. Bank borrowings have also decreased, but cash reserves have plummeted by 46%, leaving just £7,500. Creditors have risen slightly, suggesting a possible need for better cash flow management. The company’s small size and solo leadership structure allow for flexibility, but the declining equity and cash position raise questions about its long-term sustainability. With no auditor mentioned, the financial information is unaudited.

It seems like the company is struggling to turn a profit, despite its positive Google rating and well-designed website. Whether it can overcome these financial challenges and continue to thrive in the competitive teddy bear clothing market remains to be seen.

Registered in England/Wales under the registration number 08873594, with a registered address at CR0 0XZ, Croydon, Surrey, Airport House, Suite 43-45, Purley Way.

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