Dear Frances Limited

Dear Frances Limited is a small, active family business based in London, UK, founded eleven years ago in 2013. With nine employees and £3,687,891 in assets, it operates from a real address and is led by three directors and two owners. The company runs an e-commerce site specializing in footwear and related items, regularly importing and exporting these goods – 164 months of imports and 206 months of exports recorded.

The company's website, Dear Frances, showcases a curated collection of shoes, handbags, and accessories, emphasizing Italian craftsmanship and a limited-edition approach. It offers a "Gift with Purchase" promotion, encouraging sales with a free Italian leather card case. The site highlights new arrivals, icons, and seasonal collections, catering to a fashion-conscious audience.

Financially, Dear Frances Limited presents a mixed picture. While cash reserves increased significantly by 510% to £870,000, net assets decreased by 16% to £3,200,000. Creditors dropped by 43% to £670,000, which is a positive sign, but bank borrowings surged by 45% to £58,000. The company’s average number of employees decreased by 33% to six, which could be due to restructuring or seasonal fluctuations. Despite a decline in accumulated depreciation, the company’s assets are still substantial, and the increase in cash is encouraging. As a small company (meeting two of three conditions), it benefits from simplified reporting requirements and no need for an auditor. The financial data suggests the company is navigating challenges, but the strong cash position and focus on quality products could position it for future growth.

Registered in England/Wales under the registration number 08785438, with a registered address at W1F 9EB, England, London, First Floor, 10-11 Lower John Street.

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