Discount Shoe Sales Limited

Discount Shoe Sales Ltd, based in Bourne End, UK, is a small, family-run business with an active status. Founded 21 years ago, it employs just two people and holds £137,036 in assets. The company operates from a virtual address, registered with 179 other companies, and is managed by four directors and three owners. It’s a thriving e-commerce site with a stellar 5.0 Google rating based on 136 reviews, regularly importing footwear and related items—the latest activity recorded just three months ago.

The company's website, Discount Shoes London, showcases a wide range of men’s footwear, from Loake and Dr. Martens to Berwick and Barker. It offers collections, sizes, and styles, alongside accessories and a stock clearance section. A shoe care service is available in-store, and the site promotes subscriptions to a mailing list for promotions and new products. The physical store is located in Westminster, London, and open Monday through Saturday, with a detailed contact page and social media links.

Financially, Discount Shoe Sales Ltd shows some concerning trends. Cash bank on hand decreased by 20% to £47,000, while trade debtors fell by 20% to £2,100. Creditors also declined by 26% to £53,000, suggesting improved debt management, but other creditors dropped by 27% to £28,000. Net assets increased slightly to £86,000, and net current assets also rose by 2.4% to £84,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decline in cash reserves could be a cause for concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's reliance on a virtual address and the fluctuating financial numbers suggest a business navigating the challenges of the e-commerce landscape. While its strong Google rating and diverse product range indicate customer satisfaction, the need to manage cash flow effectively will be crucial for its long-term success.

Registered in England/Wales under the registration number 04965663, with a registered address at SL8 5TD, United Kingdom, Bourne End, Buckinghamshire, Fawley House 2 Regatta Place, Marlow Road.

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