Rachel Bates Interiors Ltd

Rachel Bates Interiors Ltd, based in Macclesfield, UK, is a small, active company established twelve years ago. With two employees and £182,284 in assets, it operates a real address and is owned and directed by two individuals. The business runs an e-commerce site and irregularly imports glass and glassware, with the last import occurring one month ago. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company’s website, Rachel Bates Designer, showcases a retailer of "joyful luxuries," offering a range of crystalware, tableware, jewellery, and home accessories. It emphasizes free UK shipping on orders over £75 and worldwide shipping, with a focus on beautifully packaged gifts. The site also features a blog with lifestyle content and collaborations with brands like Little Greene Paint and Champagne Laurent-Perrier, suggesting a focus on curated design and a premium customer experience.

Financially, Rachel Bates Interiors Ltd presents a mixed picture. Current assets have decreased by 18% to £180,000, while net losses have deepened to -£640,000. Bank borrowings have vanished completely, a positive sign, but cash reserves have fallen by 89% to just £520. Trade creditors have increased significantly by 950%, reaching £8,300, which could indicate challenges in managing supplier payments. The lack of employees (just two reported) keeps overheads low, but the substantial equity decline raises concerns about the company’s long-term viability. With no auditor mentioned (likely exempt as a small company), the unaudited figures offer a snapshot of the business’s current state, but further scrutiny would be needed to fully assess its financial health.

Registered in England/Wales under the registration number 08079853, with a registered address at SK10 4QL, United Kingdom, Macclesfield, Cheshire, St Andrews House Priest Lane, Mottram St. Andrew.

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