Maru Boutique Limited

Maru Boutique Limited is a small, active company based in London, UK, founded four years ago in 2020. With just two employees and £28,373 in assets, it operates from a virtual address – a detail worth noting as 4,792 other companies are registered at the same location. The business is led by one director and owner, Nancy McCullough, and runs an e-commerce site specializing in clothing and accessories, specifically importing items that aren’t knitted or crocheted, with eight months of import activity recorded.

The company's website showcases a range of kimonos, loungewear, and lingerie, catering to both men and women. It also features a dedicated section for weddings, offering personalized robe packages for brides and their bridesmaids. The site emphasizes quality fabrics sourced from Java, Bali, and London, and offers a variety of sizes and styles. It's a visually appealing site, and the emphasis on customer service is evident.

Financially, Maru Boutique Limited presents a mixed picture. While current assets increased by 27% to £28,000, equity plunged 500% to £3,900 – a significant shift. Cash bank on hand decreased dramatically by 88% to just £380. Trade debtors increased substantially by 1,300% to £17,000, suggesting a reliance on customer payments. Creditors also rose by 30% to £25,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp decline in equity is concerning. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Maru Boutique Limited seems to be navigating a challenging period. The e-commerce platform appears well-designed and customer-focused, but the financial data suggests the company is burning through cash. Whether it can sustain its operations and achieve profitability remains to be seen – but the company’s niche focus and online presence offer some potential for growth.

Registered in England/Wales under the registration number 12850319, with a registered address at WC2A 1HR, England, London, Suite G04 1 Quality Court, Chancery Lane.

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