Goddiva Limited

Goddiva Limited, based in Romford, UK, is a small, active company founded 16 years ago. With 15 employees and £1,143,733 in assets, it’s a well-established player in the online fashion space. The company, owned by Melikova Narmina and Kuganeswaran Thangarajah, has a real address and a stellar 5.0 Google rating from 53 reviews, showcasing its commitment to customer satisfaction.

The company operates primarily through its e-commerce site, offering a curated selection of ladies' clothes, vintage fashion, and accessories. It also designs and sews its own reworked range in-store, giving new life to vintage pieces. Goddiva Boutique showcases independent designers from Edinburgh and the UK, alongside larger ethical brands.

Financially, Goddiva Limited has seen some interesting shifts. Average employees during the period increased by 13%, reaching 17, which is a positive sign. However, cash bank on hand plummeted by a staggering 96%, leaving just £2,000 remaining. Bank borrowings, on the other hand, jumped 75%, reaching £140,000, and creditors increased by 230%, reaching £250,000. The company's net assets liabilities increased by 150%, reaching £360,000. Despite these challenges, the company’s current assets grew by 25%, reaching £1,100,000, and its equity increased by 68%, reaching £110,000. It’s a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees. The accounts are unaudited and exempt, and the company's financial statements were authorised on May 15, 2024.

Overall, Goddiva Limited appears to be navigating a period of growth and investment, but the decrease in cash reserves and increase in debt warrant close monitoring. It's clear that the company is betting on its unique reworked range and ethical sourcing to drive sales and maintain its strong online reputation.

Registered in England/Wales under the registration number 06730088, with a registered address at RM6 4NP, Romford, Cg Hosue 107b Chadwell Heath Lane.

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