Calzeat Retail Ltd

Calzeat Retail Ltd, based in South Lanarkshire, UK, is a small, active company that's been around for 37 years. Founded in 1987, it employs ten people and holds £99,865 in assets. With four directors and one owner, the company operates a thriving e-commerce site and enjoys a stellar 5.0 Google rating from fifteen reviews. The company’s registered address is real, with only six companies registered at the same location.

Calzeat Retail Ltd specializes in the retail sale of textiles, both online and through mail order. Their website showcases a wide range of Celtic scarves, wraps, and accessories, alongside throws, jackets, and brooches. The site emphasizes quality woven products, offering free UK shipping and a curated selection of designs inspired by Celtic and Scottish heritage. It’s clear they’re targeting a niche market of customers seeking unique and high-quality textiles.

Financially, Calzeat Retail Ltd presents a mixed picture. While current assets remained steady at £100,000, net assets experienced a significant drop of 770%, plummeting to -£43,000. Bank borrowings increased substantially by 82%, reaching £160,000, and cash reserves decreased by 19%, settling at £21,000. Creditors also increased by 36%, reaching £180,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Calzeat Retail Ltd seems to be navigating some financial headwinds, despite its strong online presence and positive customer reviews. Whether the company can maintain its momentum and turn things around remains to be seen.

Registered in Scotland under the registration number SC105313, with a registered address at ML12 6LQ, South Lanarkshire, Old Station Yard, Symington, Biggar.

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