Grace Han (uk) Limited

Grace Han Uk Ltd, based in London, is a small, active company established nine years ago. It boasts a Google rating of 5.0 from 28 reviews and operates an e-commerce site selling luxury bags and leather accessories. With a real address, one director, and a solo founder, the company employs just one person and holds £398,697 in assets. It's an irregular importer, bringing in paper and paperboard products for two months, with the most recent shipment arriving in April 2024.

The Grace Han website showcases a collection of bags and accessories inspired by themes of love and transformation, with distinct lines like the "Ballet Lesson" and "Love Letter" collections. The site emphasizes craftsmanship and features a London flagship store, as well as collaborations with influencers and appearances in high-end publications. It’s clear that Grace Han is targeting a discerning customer base seeking unique, high-quality leather goods.

Financially, Grace Han Uk Ltd presents a mixed picture. While current assets have increased significantly by 120% to £400,000, net assets have decreased by 7.3% to -£6,700,000. Bank borrowings have increased by 3.7% to £7,100,000, and cash reserves have increased by 110% to £82,000. Trade creditors have increased by 50% to £210,000. 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 significant negative equity suggests potential financial strain. There’s no auditor mentioned, meaning the figures are unaudited.

Overall, Grace Han Uk Ltd appears to be a brand with a strong online presence and a dedicated following, but its financial health requires close monitoring. The company’s ability to manage its debt and maintain profitability will be crucial for its long-term success.

Registered in England/Wales under the registration number 09816660, with a registered address at SW3 1NQ, United Kingdom, London, 13 Beauchamp Place.

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