Nv Her Limited

Nv Her Limited, based in Rugby, UK, is a small, active company founded nine years ago in 2015. It’s a solo founder operation with one director and a virtual address shared by 174 other companies. The business boasts a perfect 5.0 Google rating from 22 reviews and employs just one person. Current assets stand at £183,952. The company is a regular importer of clothing and accessories, not knitted or crocheted, with nine months of import activity recorded.

The company operates a ladies' wear shop in Warwick, primarily selling online. The website, nvher.co.uk, highlights a focus on "raw fashion with a sophisticated twist," encouraging customers to call for orders rather than using the website. It also promotes its presence on Instagram and Facebook, and features collections from designers like Elena Wang. The site’s design and functionality are basic, powered by Wix.com, and emphasizes direct contact for purchases.

Financially, Nv Her Limited shows a mixed picture. Current assets increased by 45% to £180,000, but net assets decreased by 21% to -£150,000. Bank borrowings have decreased significantly, with overdrafts dropping by 81% to £4,600, which is a positive sign. Creditors increased by 18% to £190,000, and cash reserves decreased by 16% to £3,800. The company meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Nv Her Limited appears to be navigating a challenging financial landscape. While asset growth is encouraging, the negative equity and rising creditors suggest it’s burning through cash. The focus on direct sales and social media engagement, however, indicates an attempt to maintain customer loyalty and control costs. It’s a small business facing typical startup pressures, and its ability to sustain growth will depend on managing its finances and maintaining a loyal customer base.

Registered in England/Wales under the registration number 09700562, with a registered address at CV21 2PD, United Kingdom, Rugby, Warwickshire, Chestnut Field House, Chestnut Field.

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