Northampton Footwear Distributors Limited

Northampton Footwear Distributors Ltd, based in Northamptonshire, UK, is a small, active company with a rich history, having been founded sixty years ago in 1965. Employing just six people, the company holds £704,354 in assets and operates from a virtual address, registered at Artisans’ House. Despite the virtual address, it’s managed by seven directors and owned by a solo founder, Gore David Keith. The business runs an e-commerce site and regularly imports footwear and related items, with 292 months of import activity recorded.

The company’s website, Northwest Territory, showcases a wide range of outdoor footwear, particularly walking boots and shoes for men and women. The site emphasizes quality craftsmanship, British heritage, and a commitment to customer service. It’s clear that the company’s online presence is central to its operations, with a focus on direct-to-consumer sales and a strong brand identity. They even have a blog detailing the history of the company and the process of creating their products.

Financially, Northampton Footwear Distributors Ltd presents a mixed picture. Current assets have decreased by 9.2% to £700,000, while net assets have fallen by 2.3% to £3,200,000. Bank borrowings have increased by 23%, reaching £200,000, and cash reserves have fallen by 23% to £260,000. Trade debtors have also decreased by 2.2%. 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 decline in cash reserves could indicate tighter margins or increased operating expenses. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

The decrease in employees, from six to three, is a notable trend. It’s possible this reflects a streamlining of operations or a shift towards automation. Overall, Northampton Footwear Distributors Ltd appears to be a resilient, family-run business navigating the challenges of a competitive market, although the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 00841399, with a registered address at NN4 7BF, Northamptonshire, Artisans' House, 7 Queensbridge, Northampton.

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