Dress Room Ltd

Dress Room Ltd, based in London, UK, is a small, active company founded 14 years ago. It employs two people and holds £41,235 in assets. The company operates an e-commerce site and regularly imports clothing and accessories (not knitted or crocheted), with its last import operation in 2017. It has two directors and two owners, and its registered address is real, with only one other company registered at the same location.

The company’s website showcases a diverse range of ladies' fashion, footwear, and accessories, from dresses and jeans to handbags and scarves. It’s a personalised shopping experience in Woodlesford, Leeds, with a Facebook community of over 7,000 followers. The website also mentions a physical store location and Click & Collect services.

However, Dress Room Ltd’s financial health appears to be a concern. Current assets have significantly decreased, dropping 74% to £41,000. Bank overdrafts have increased by a substantial 61%, reaching £28,000, and equity has plummeted 87% to £12,000. Trade creditors have also increased dramatically, rising 690% to £3,000. Despite these challenges, debtors have increased by 2,400% to £1,200. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the sharp decline in equity is a worrying sign. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s financial data suggests it is burning through cash. The increase in bank overdrafts and decrease in cash reserves point to potential liquidity issues, while the rise in trade creditors indicates a need to manage supplier payments more effectively. The increase in debtors, however, could be a sign of increased sales, although it also means the company is waiting longer to receive payments.

Registered in England/Wales under the registration number 07524093, with a registered address at SW6 2RT, England, London, 43 Hamble Street.

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