Comfort Shoes Limited

Comfort Shoes Ltd, based in Cheadle, UK, is a small, active company founded just three years ago. With two employees and £244,000 in assets, it operates from a virtual address—a detail worth noting as ten companies are registered at the same location. The company is led by two directors and has one owner, Hargreaves John. It functions as an irregular importer and exporter of footwear and related items, with recent activity recorded in October 2024 for imports and October 2023 for exports.

The company’s website, Comfort Shoe Warehouse, showcases a broad selection of footwear for men, women, and children, including workwear. It’s a fully functioning e-commerce site with a basket and log-in feature. The site offers a wide range of brands and styles, from boots and trainers to slippers and sandals, catering to various needs and occasions. It also includes a workwear section with brands like Dickies and Lee Cooper. The website is well-designed and easy to navigate, with clear product categories and search functionality.

Financially, Comfort Shoes Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 65%, falling to £16,000. Creditors have increased substantially by 280%, reaching £38,000, and trade debtors have also decreased by 23%, sitting at £48,000. Equity has also taken a hit, with retained earnings and accumulated losses increasing by 380%, resulting in a net equity of -£96,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity raises concerns. The accounts are unaudited and exempt from audit.

Overall, Comfort Shoes Ltd appears to be facing financial challenges, with declining cash reserves and increasing debts. While the e-commerce site is well-maintained and offers a wide selection of footwear, the company will need to address its financial pressures to ensure its long-term sustainability.

Registered in England/Wales under the registration number 14052576, with a registered address at SK8 6GN, England, Cheadle, Suite 7a, No 1 The Courtyard Earl Road, Cheadle Hulme.

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