Katz Dancewear Limited

Katz Dancewear Ltd from Oundle, UK, is a small, active company established 45 years ago, in 1979. With 29 employees and £1,835,999 in assets, it's a well-established business operating from a real address. Two directors and two owners manage the company, which has been importing clothing and accessories made by knitting or crocheting for 42 months and exporting footwear and related items for 47 months. The company operates in the manufacture of other wearing apparel and accessories n.e.c. industries.

The company’s website showcases a comprehensive range of dancewear, including shoes, garments, accessories, and gifts for dancers of all ages. Katz Dancewear prides itself on handmade products created right in Oundle, Northamptonshire, emphasizing quality and meeting the demands of dancers worldwide. The site’s extensive product categories, from ballet shoes to costumes and accessories, cater to diverse dance styles and age groups. It's clear the company focuses on direct-to-consumer sales through its website, offering a wide selection and convenient online shopping experience.

Financially, Katz Dancewear Ltd shows a mixed picture. Current assets decreased by 13% to £1,500,000, while net assets dropped 12% to £2,400,000. Bank borrowings increased by 31% to £98,000, and cash reserves fell 59% to £13,000. Creditors increased by 41% to £350,000, and trade debtors rose by 29% to £440,000. 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 decrease in cash reserves could indicate tighter financial management is needed. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s focus on handmade products and quality materials, combined with its established presence in the dancewear market, suggests a solid foundation. However, the financial trends indicate a need to carefully monitor cash flow and manage debt to ensure continued success.

Registered in England/Wales under the registration number 01437598, with a registered address at PE8 5PB, United Kingdom, Oundle, Peterborough, Part B, Unit 5, Barnwell Road.

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