Coastguard Road Limited

Coastguard Road Limited, based in Heathpark, Honiton, UK, is a large, active company established 51 years ago. Employing 173 people, it holds assets worth £5,305,445 and generates an annual revenue of £13,350,101. The company, with six directors and no declared owners, maintains a real address and boasts a stellar 5.0 Google rating based on 43 reviews. It’s a regular importer of footwear and related items (288 months) but an irregular exporter (1 month).

The company operates a diverse retail business, designing and selling clothing and footwear, and accessories. Its website, Moshulu, emphasizes a focus on cheerful, colourful designs and comfortable products. The site is structured around categories like shoes, sandals, boots, and accessories, with options to filter by style, colour, material, and size. A significant portion of the site is dedicated to showcasing its wide range of slippers, catering to both men and women. Moshulu also has a presence in physical stores across the UK, offering customers the opportunity to experience its products in person.

Financially, Coastguard Road Limited presents a mixed picture. While turnover remained steady at £13,350,101, net assets decreased by 19%, falling to £2,400,000. Bank borrowings increased significantly, rising by 2,400% to £29,000, and cash reserves dropped by 30% to £1,800,000. Creditors, however, decreased by 18%, suggesting improved debt management. The company meets two of three conditions to be considered a large company: turnover exceeding £36 million and balance sheet total exceeding £18 million, but employees are below the 250 threshold. The absence of an auditor’s name is likely due to the company’s small size and exemption from mandatory auditing.

The trends suggest Coastguard Road Limited is navigating a challenging economic climate. While its retail operations appear robust, with a strong online presence and positive customer reviews, the decrease in net assets and increase in borrowing indicate a need for careful financial management. The company’s long history and established brand provide a solid foundation, but adapting to changing market conditions will be crucial for sustained success.

Registered in England/Wales under the registration number 01154129, with a registered address at EX14 1SD, Heathpark, Honiton, Devon, Coastguard Road Limited, Devonshire Road.

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