Precious At Whalley Ltd.

Precious at Whalley Ltd from Whalley UK is a small company with an active status, established sixteen years ago. The business employs ten people and holds £76,277 in assets, operating from a real address. It’s led by two directors and a single owner, who is also the solo founder, and features a thriving e-commerce site with a stellar 5.0 Google rating based on twelve reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with five months of import activity recorded, the last operation made in October 2023.

The company’s website, Precious at Whalley, showcases a wide range of brands, from AGGEL to YAYA, offering everything from dresses and jumpers to candles and scarves. It’s clearly geared towards a fashion-conscious customer, with a focus on curated collections and new arrivals. The site also highlights a physical store location in Whalley, encouraging customers to visit and experience the selection in person. It's a retail business, selling clothing and accessories via mail order and internet.

Financially, Precious at Whalley Ltd is showing some concerning trends. Current assets have decreased by 32%, dropping to £76,000, while net assets have plummeted 130%, landing at -£120,000. Bank borrowings have increased by a staggering 40%, reaching £50,000, and cash reserves have fallen 61%, leaving only £720. Creditors have also risen by 26%, reaching £150,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s not required to have an audit, so the figures are unaudited.

While the company’s Google rating and website suggest a positive customer experience, the financial data paints a picture of a business burning through money. The sharp decline in equity and cash reserves, coupled with increased borrowing, suggests a need for careful management and possibly new strategies to improve profitability.

Registered in England/Wales under the registration number 06763373, with a registered address at BB7 9TD, United Kingdom, Whalley, Lancashire, 7 Accrington Road.

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