Owl Bookshop Limited

Owl Bookshop Limited, based in North Finchley, London, is a small, active company with a rich history, having been founded 52 years ago in 1973. With 40 employees and £225,584 in assets, it’s a well-established fixture in the community, boasting a stellar 5.0 Google rating from 366 reviews. The business operates from a real address and is overseen by two directors and two owners. It’s a regular importer, bringing in textile products, sets, used clothing, and rags, with the last import operation occurring four months ago in October 2023.

The Owl Bookshop’s website highlights its current recommendations and favourite titles, offering both collection and delivery options. Customers can order books through the site or contact the shop for assistance. Events are a key feature, showcasing conversations with authors and writers. The shop also sells branded bags—small canvas bags in pink and blue, as well as a larger cotton bag and a children's bag.

Financially, Owl Bookshop Limited shows some concerning trends. Cash bank on hand has plummeted 74%, dropping to £37,000, while creditors have halved to £160,000. Current assets have also decreased by 45% to £230,000. On a more positive note, trade debtors have fallen by 24%, suggesting improved payment collection. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Owl Bookshop Limited appears to be facing some financial headwinds, with declining cash reserves and increased debt. However, its strong Google rating and focus on community events indicate a loyal customer base and a commitment to providing a unique bookstore experience. The company's long history and established presence in North Finchley suggest it has the potential to weather these challenges, but careful management will be crucial for its continued success.

Registered in England/Wales under the registration number 01094424, with a registered address at N12 0BT, North Finchley, London, Galla House, 695 High Street.

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