House Of Elegance Uk Ltd

House Of Elegance Uk Ltd is a small, active company registered in Liverpool, UK, established five years ago in April 2019. The business operates an e-commerce site specializing in occasion wear, particularly for Mother of the Bride or Groom events. It’s a lean operation, employing just one person and managed by a single director and owner, Roe Hellen Jayne. The company’s registered address, however, is a virtual one, shared by 173 other companies, which is something to keep in mind.

The company’s website showcases a wide range of outfits and accessories, from dresses and headwear to shoes and bags, catering to various occasions and styles. It highlights a Spanish designer, Gabriella Sanchez, offering unique Mother of the Bride and Groom outfits, alongside other brands like Gill Harvey, Lizabella, and Frank Lyman. The website also emphasizes personal shopping experiences and alterations services, aiming to provide a tailored and attentive customer service.

Financially, House Of Elegance Uk Ltd presents a mixed picture. While it holds £68,000 in current assets, its equity has dwindled to just £5,500. Bank borrowings remain steady at £50,000, and creditors are also consistent at £52,000. Cash reserves are at £14,000. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Accounts are overdue by two years, and confirmation is overdue by one year, which is something to note. The company is exempt from an audit, so the figures are unaudited.

The consistent bank borrowings and creditors, combined with the declining equity, suggest the company is relying on credit to maintain operations. It’s possible the business is experiencing seasonal fluctuations or investing in inventory to expand its product range. The overdue accounts and confirmation statements could indicate administrative challenges or a temporary cash flow crunch.

Registered in England/Wales under the registration number 11970647, with a registered address at L19 0NQ, England, Liverpool, Merseyside, 300 St Mary's Road, Garston.

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