Gracejacob Ltd

Gracejacob Ltd, based in Manchester, UK, is a small, active company founded nine years ago. With £70,832 in assets and a real address, it operates as a solo-founded business with one director and owner. The company runs an e-commerce site specializing in luxury swimwear and resortwear, selling directly to consumers. It’s an irregular importer, with its top import category being clothing and accessories (not knitted or crocheted), though only two months of import activity were recorded, the last in 2018.

The Gracejacob website showcases a vibrant collection of swimwear, clothing, and accessories, targeting a fashion-conscious audience. The site features collaborations with influencers and celebrities, highlighting its brand appeal. It offers a wide range of payment options, including American Express, Apple Pay, and PayPal, catering to diverse customer preferences. The website also has a section dedicated to sustainability, reflecting a growing consumer interest in ethical fashion.

Financially, Gracejacob Ltd presents a mixed picture. Cash reserves have seen a significant increase, jumping 4400% to £48,000, a positive sign of improved liquidity. However, net assets have decreased by 29%, settling at -£100,000, and bank borrowings have fallen by 34%, reaching £19,000. Creditors have also decreased by 34%, sitting at £19,000. 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 decline in equity suggests it’s burning through money. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Gracejacob Ltd appears to be navigating a challenging financial landscape. While the e-commerce platform and brand collaborations demonstrate potential, the company needs to manage its expenses and improve profitability to ensure long-term sustainability.

Registered in England/Wales under the registration number 09967397, with a registered address at M2 5WA, England, Manchester, Lloyds House, 22 Lloyd Street.

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