Chanii B Limited

Chanii B Limited is a small, active company based in Glastonbury, UK, founded sixteen years ago in 2008. With five employees and £69,709 in assets, it’s a solo-founded operation managed by three directors and two owners. The company operates in the other business support service activities n.e.c. industries, and regularly imports footwear and related items—six months of import activity were recorded, the last in May 2023.

The company’s website, Chanii B Shoes By Design, showcases a vibrant collection of footwear, from limited-edition releases to signature boots and sandals. It emphasizes wearable art and fashion-forward designs, even boasting a runway presence at New York Fashion Week. The site also highlights a love for colour and cork, with a focus on comfortable and stylish shoes. There’s even a wedding section, catering to brides and wedding parties.

Financially, Chanii B Limited presents a mixed picture. Cash bank on hand increased by 190%, reaching £2,700, which is a positive sign. However, net assets plummeted 400%, ending at just £3,300, a significant drop. Bank borrowings surged by 170%, reaching £22,000, and creditors increased by 100%, reaching £55,000. Trade debtors decreased by 53%, suggesting better collection practices. The company meets two of the three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There was no auditor mentioned, likely due to being exempt as a small company.

While the company’s website showcases a thriving business with a strong brand identity, the financial data suggests it’s burning through cash. Whether this is a temporary setback or a longer-term challenge remains to be seen—but for now, Chanii B Limited is betting on its unique designs and loyal customer base to turn things around.

Registered in England/Wales under the registration number 06769423, with a registered address at BA6 9TS, Glastonbury, Somerset, The Well Honeygar Lane, Westhay.

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