Maguie Ltd

Maguie Ltd is a small, active company based in Brentford, UK, established ten years ago in 2015. It operates as an e-commerce site, regularly importing clothing and accessories (excluding knitted or crocheted items) for the past 49 months, with the last import occurring in December 2024. The company is run by one director and one owner, and boasts a real registered address.

The website, houseofmaguie.com, showcases a wide range of dresses and accessories, catering to occasions like hen parties, birthdays, and weddings. The site emphasizes fancy next-day delivery and a curated selection of items, including sequin dresses, corsets, and unique pieces. It’s clear they’re targeting a fashion-conscious customer base.

Financially, Maguie Ltd presents a mixed picture. Current assets have decreased by 9.8% to £-270,000, while net assets have plummeted 53% to -£440,000. Cash bank on hand has significantly decreased by 98% to -£600,000. Trade creditors have increased by 1600% to £170,000, and total inventories have risen to £320,000—a substantial increase. Despite this, debtors remain steady at £6,600. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the substantial equity decline and negative assets suggest a challenging situation. There’s no auditor mentioned, and the accounts are described as “filleted,” meaning they’re unaudited and rely on director-reported data.

The sudden increase in creditors and the decrease in cash reserves could be related to the increase in inventories, perhaps indicating a buildup of stock. It's possible the company is investing in its product range to drive future sales, but the current financial situation warrants close monitoring.

Registered in England/Wales under the registration number 09390122, with a registered address at TW8 0GP, England, Brentford, Unit 320, 1110 Great West Road.

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