Family Bow Ltd

Family Bow Ltd, based in London, UK, is a small, active company founded twelve years ago. Despite its longevity, the business is currently facing challenges, with accounts overdue for four months. The company employs just three people and holds £92,037 in assets, operating from a virtual address shared by seventy-three other companies. It’s led by a solo founder and director, Bowditch Rachel Anne, who also owns the business. Google reviews are mixed, with a rating of 3.0 based on just two reviews.

Family Bow Ltd specializes in selling insoles, primarily through its website, Alice Bow. The site showcases a range of products, from bridal insoles to heel protectors, emphasizing comfort, quality, and personalization. Testimonials highlight the insoles’ ability to alleviate foot pain and enhance shoe wear—a key selling point. The website also features a blog and press section, indicating an effort to build brand awareness and establish expertise.

Financially, Family Bow Ltd’s situation appears concerning. Current assets have plummeted by 42%, dropping to £92,000, while net assets have taken a dramatic hit, decreasing by 320% to -£23,000. Bank borrowings have also increased, and cash reserves have fallen significantly. While creditors have decreased, the overall trend suggests the company is burning through cash. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company regularly imports footwear and related items, with three months of import activity recorded, the last in February 2023. Export activity is irregular, with just one month of export activity recorded, the last in June 2019. It seems the company is struggling to maintain a healthy balance sheet, despite a strong online presence and positive customer feedback.

Registered in England/Wales under the registration number 08189717, with a registered address at EC1M 6BB, United Kingdom, London, 1 Charterhouse Mews.

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