Mallet. Footwear Ltd

Mallet Footwear Ltd, based in Waltham Abbey, UK, is a large, active company established ten years ago in 2015. Employing twenty people and boasting assets of £3,783,567, it operates from a real address and is led by one director and two owners. The company runs an e-commerce site and regularly imports and exports footwear and related items – 50 months of import activity and 39 months of export activity were recorded.

The company's website, Daniel Footwear, showcases a wide range of designer shoes, fashion accessories, and brands. It’s clear that the business focuses on online retail, offering a curated selection of footwear and accessories, alongside its own Daniel brand. The site emphasizes a personalized shopping experience, with options for customers to opt-in to cookies for improved browsing and targeted advertising. They offer a diverse range of brands, from established names like Birkenstock and Coach to emerging labels. The website also features a dedicated section for men's footwear and accessories, and a sale section offering discounted items.

Financially, Mallet Footwear Ltd’s report reveals a mixed picture. Cash bank on hand has decreased by 28%, dropping to £1,500,000, while cash and cash equivalents have plummeted by a significant 84%, reaching just £150,000. Turnover has decreased by 54%, falling to £5,100,000. While administrative expenses decreased slightly, by 3.5%, the company’s net loss for the year deepened considerably. Creditors have decreased by 26%, suggesting improved debt management, but the substantial drop in cash reserves and the increase in bank borrowings – up 2,400% – indicate potential liquidity challenges. The company’s large size, meeting two of three criteria for being a large company, suggests it’s facing pressures despite its established presence. The report was audited by Hart Shaw LLP, providing some assurance regarding the accuracy of the financial information.

Overall, Mallet Footwear Ltd appears to be navigating a challenging economic climate. While its e-commerce platform and diverse product range suggest a strong foundation, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 09495730, with a registered address at EN9 1JH, England, Waltham Abbey, M25 Business Centre, 121 Brooker Road.

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