Mcqueens Flowers Limited

Mcqueens Flowers Limited is a small, holding company based in London, UK, with an active trading status. Founded seven years ago in August 2017, the company employs 51 people and holds £363,273 in assets. It operates from a real address on North Audley Street and is overseen by three directors and one owner. The company is an irregular importer, with its top import category being ceramic products, totaling one month of imports, with the last import operation conducted in November 2019.

The company's website showcases a luxury premium florist, with a strong emphasis on high-end arrangements and bespoke services. It's clear that Mcqueens Flowers operates a sophisticated e-commerce platform, offering a range of products including bouquets, gifts, and vases. The website also highlights the company's flower school, offering career courses, workshops, and seasonal events. It even has a presence in the US, Korea, and has multiple currency options. The site promotes a luxury experience, with a focus on quality, design, and expert tuition.

Financially, Mcqueens Flowers Limited is showing some concerning trends. Current assets have fallen by a significant 61%, dropping to £360,000, while net assets have also decreased considerably. Bank borrowings have increased, and cash reserves have plummeted 57%, leaving just £88,000 available. Trade debtors have also decreased, which could be a positive sign of better debt management. 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 agility, but the sharp decline in assets is something to watch. The accounts are unaudited, likely due to the company’s small size, so the figures rely on director-reported data.

Overall, Mcqueens Flowers Limited appears to be a well-established brand in the luxury floral sector, but the recent financial data suggests it's facing challenges. While the website and services project an image of success, the company will need to address the decline in assets and manage its cash flow to ensure its long-term viability.

Registered in England/Wales under the registration number 10913066, with a registered address at SE1 8TG, England, London, 21 Wootton Street 21 Wootton Street, Waterloo.

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