Global Mayfair Boutique Limited

Global Mayfair Boutique Ltd from London UK: a small holding company with an active status, was founded three years ago and employs eight people. The company boasts £3,277,131 in assets, but operates from a virtual address shared by 713 other companies. It's led by one director and one owner, and enjoys a perfect 5.0 Google rating from 23 reviews. The company is an irregular importer of jewelry, precious stones, and metals, with just one month of import activity recorded as of February 2022.

The company's website showcases a curated collection of luxury watches, fine jewelry, and Hermes handbags, targeting discerning collectors and enthusiasts. It's clear that the business operates as a retailer, offering both new and pre-owned items, and even provides a "Collectors Lounge" with expert advice and sourcing services. The site also features a blog, "The Chronical," with articles on luxury trends and brand insights. It's clear that Global Mayfair Boutique Ltd is trying to position itself as more than just a retailer—it’s a destination for luxury goods and expert guidance.

Financially, Global Mayfair Boutique Ltd presents a mixed picture. While cash bank on hand remained stable at £37,000, current assets dropped slightly to £3,300,000. Trade debtors increased significantly, reaching £2,100,000, which could indicate a reliance on credit sales or potential payment delays. Creditors also increased to £3,100,000, suggesting an increased need for financing. Retained earnings accumulated losses remained at £420,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased debt levels are something to watch. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Global Mayfair Boutique Ltd appears to be a well-regarded, albeit small, player in the luxury goods market. While the financial figures suggest some challenges, the company’s focus on high-quality products, expert service, and a strong online presence could help it navigate these pressures and continue to thrive.

Registered in England/Wales under the registration number 13680049, with a registered address at W1T 3BL, England, London, 27 Mortimer Street.

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