Grace Loves Lace Limited

Grace Loves Lace Limited, based in London, UK, is a small, active company founded eight years ago in 2017. With nine employees and £149,265 in assets, it operates from a real address and is overseen by two directors, though there are no officially listed owners. The company is a regular importer of clothing and accessories – specifically items *not* knitted or crocheted – with 18 months of import activity recorded, the last in January 2025. It also engages in irregular exporting of clothing and accessories made by knitting or crocheting, with just one month of export activity noted, dating back to May 2018.

The company’s website showcases a bridal boutique specializing in ethical wedding dresses. It features a wide range of options, from short to long-sleeved styles, and caters to various preferences with collections like "Bombshell" and "Viva." The site emphasizes global boutiques, online support, and a focus on handcrafted gowns made from luxurious fabrics. It also has a strong presence on social media, with a focus on real brides and wedding inspiration.

Financially, Grace Loves Lace Limited presents a mixed picture. Accumulated depreciation impairment property plant equipment increased by 76%, but amounts owed by group undertakings vanished entirely, dropping 100%. Cash bank on hand grew by 22%, while creditors skyrocketed by 610%. Current assets declined by 23%, and equity plummeted by 300% - a significant downturn. Future minimum lease payments decreased by 56%, and net current assets liabilities went down by 320%. Despite these challenges, 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 agility. The unaudited figures, prepared by Oury Clark Chartered Accountants, rely on director-reported data.

The sharp drop in equity and the increase in creditors suggest the company may be burning through cash, although the growth in cash bank on hand indicates some level of financial stability. The company's focus on ethical manufacturing and its strong online presence could help mitigate these challenges, but careful management of its finances will be crucial for its long-term success.

Registered in England/Wales under the registration number 10553761, with a registered address at WC1N 2EB, United Kingdom, London, 10 John St.

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