Dutch Courage Lingerie Ltd

Dutch Courage Lingerie Ltd from Wellingborough UK is a small, active company founded six years ago. Despite its active status, the company has overdue accounts for a year, and employs just two people. It holds £27,678 in assets and operates from a virtual address, a common feature for smaller businesses. Two directors and two owners—Burns Daniel Patrick and Burns Niki—manage the family-run operation. The company is a regular importer of clothing and accessories, not knitted or crocheted, with three months of import activity recorded as of July 2024.

The company's website is currently unavailable, making it difficult to assess its online presence and sales channels. It’s likely that Dutch Courage Lingerie Ltd operates primarily through wholesale or retail partnerships, rather than direct-to-consumer sales.

Financially, Dutch Courage Lingerie Ltd presents a mixed picture. While bank cash has remained steady, creditors have risen sharply by 170%, and debtors have increased significantly by 140%. The company’s net assets have grown by 26%, but cash bank on hand has decreased by 3.8%. The company’s small size—meeting two of three criteria for a small company—helps it stay agile, but the increase in debt suggests it might be burning through money faster than it's bringing it in. Director borrowings have increased by a staggering 6800%, which could indicate a reliance on personal loans to cover operational costs. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite these challenges, Dutch Courage Lingerie Ltd appears to be holding its own. The increase in debtors could be a temporary blip, or it could reflect a shift towards offering more credit to customers. The company’s family-run nature and focus on importing clothing and accessories could be a source of strength, allowing it to adapt to changing market conditions.

Registered in England/Wales under the registration number 11672497, with a registered address at NN8 4LQ, United Kingdom, Wellingborough, Northamptonshire, 63 Broad Green.

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