River And Mara Ltd

River And Mara Ltd is a private limited company registered in England/Wales with the registration number 14602135. The company was founded two years ago on January 18, 2023, and registered at England, Poole, Dorset Bh16 6fa, 13 Lytchett House, 13 Freeland Park, Wareham Road. The address is probably real as only one company registered at the same address. Its status is active. The company operates in the wholesale of clothing and footwear, the retail sale via mail order houses or via internet, and acts as agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company’s website, while not directly linked, suggests a focus on wholesale and retail of fashion items. It seems to be primarily an online business, with a strong emphasis on sourcing and distributing clothing and accessories. There’s no obvious indication of a physical store or showroom, but the online presence is professional and well-maintained.

Financially, River And Mara Ltd appears to be struggling. Current assets are down 24% to £340,000, while net assets plummeted 73% to just £16,000—a significant decline. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the upside, creditors decreased by 18%, suggesting 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) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s directors, Olodo Tamara and Olodo Yusuf, also appear to be the owners, suggesting a family-run business. This could explain the tight control over operations, but it also means that the business’s fortunes are closely tied to the individuals involved. It’s likely that the recent financial pressures are impacting the business, but it’s too early to say whether it will be able to recover.

Registered in England/Wales under the registration number 14602135, with a registered address at England, Poole, Dorset Bh16 6fa, 13 Lytchett House, 13 Freeland Park, Wareham Road.

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