Gloriana Fashion Limited

Gloriana Fashion Limited is a small, family-run business based in Oxford, UK, with an active status. Founded five years ago in 2019, it employs just two people and holds £58,389 in assets. The company operates from a real address and is led by two directors and owners, Coker Gonul and Coker Elif Naz.

Gloriana Fashion specializes in sustainable lingerie and home goods, selling directly to consumers through its online store. The website showcases a range of products, including bodysuits, bras, bralettes, and sets, all emphasizing ethically sourced materials and slow fashion principles. It's clear the company is targeting environmentally conscious shoppers, with a focus on affordability and transparency. The site also highlights a commitment to female ownership and operation within Cambridge, UK.

Financially, Gloriana Fashion shows some concerning trends. While current assets increased by 100% to £58,000, net assets decreased by 31% to -£8,400. This suggests the company is spending more than it's bringing in, and equity is dwindling. Cash reserves have also seen a significant boost, increasing 71% to £27,000, which is good news. However, creditors have risen by 59% to £68,000, indicating a reliance on borrowing. Trade debtors have also increased substantially, by 160% to £31,000, which could be a sign of delayed payments from customers. It’s worth noting that the company is small, meeting two of three criteria for a small business, and no auditor is mentioned, so the figures are unaudited.

Overall, Gloriana Fashion appears to be burning through money, despite a growing customer base and positive online presence. While the sustainable lingerie market is promising, the company will need to address its financial challenges to ensure long-term viability.

Registered in England/Wales under the registration number 12119633, with a registered address at OX2 6HJ, United Kingdom, Oxford, Belsyre Court, 57 Woodstock Road.

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