Good News Shoes Ltd

Good News Shoes Ltd from London UK is a small holding company with an active status, founded eight years ago. The company employs just two people and holds £197,662 in assets. It operates from a virtual address, a detail that raises a few questions given that 300 companies are registered at the same location. Two directors and three owners (though the list might not be exhaustive) guide the business. The company regularly imports and exports footwear and related items, with 5 months of import activity and 6 months of export activity recorded.

The company's website, salesnonewsnoshoes.co.uk, reveals a different picture: a tour operator specializing in tailor-made holidays to destinations like India, Sri Lanka, Indonesia, and the Maldives. The site showcases glowing customer reviews, emphasizing personalized service and expert knowledge. The company’s focus is on creating bespoke itineraries, catering to individual preferences and ensuring stress-free travel experiences. It seems they’ve built a reputation for understanding customer needs and delivering exceptional service, with many clients returning for repeat bookings.

Financially, Good News Shoes Ltd presents a mixed bag. Current assets have dropped significantly, down 66% to £200,000, while net assets have plummeted to -£41,000. Bank borrowings have decreased by 44%, reaching £20,000, and cash reserves have increased dramatically, up 270% to £65,000. Creditors have also decreased by 60%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline is a cause for concern. With no auditor mentioned, the financial statements rely on unaudited data.

Overall, Good News Shoes Ltd appears to be navigating a period of change. While the tour operation thrives on customer satisfaction and bespoke travel experiences, the company’s financial health warrants close monitoring.

Registered in England/Wales under the registration number 10452074, with a registered address at EC2A 4BA, England, London, 93 Tabernacle Street.

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