Sea Way Footwear International Limited

Sea Way Footwear International Ltd, based in Durham, UK, is a small, family-run business with an active status, having been founded fourteen years ago in 2010. The company employs just two people and holds £42,333 in assets, operating from a real address on Meadowfield Industrial Estate. Two directors and two owners manage the business, which regularly imports footwear and related items—a trend seen over the past thirteen months, with the most recent import occurring in September 2024. Google users have rated the company a perfect 5.0 based on a single review.

The company’s website, ToeZone, is an online retailer specializing in kids' shoes, particularly school shoes. The site offers a wide range of styles, including character shoes, vegan options, and winter boots, catering to both boys and girls. It emphasizes fit guides, easy-to-use sizing tools, and free shipping for orders over £38. The website showcases a selection of popular brands and character collaborations, and includes customer reviews, further reinforcing its reputation.

Financially, Sea Way Footwear International Ltd presents a mixed picture. Current assets have significantly decreased by 73%, dropping to £42,000, while bank cash reserves have plummeted 96%, leaving just £5,700. Trade debtors have surged by an impressive 260%, reaching £37,000, suggesting potential issues with customer payments. Equity has also taken a hit, with retained earnings dropping 120%, resulting in a negative equity of -£470. Despite these challenges, creditors have decreased by 14%, indicating some improvement in debt management. The company's small size—meeting two of three conditions for being classified as small—helps it remain nimble, but the sharp decline in equity is a cause for concern. As a small company, it is exempt from an audit, so the financial information is unaudited.

Registered in England/Wales under the registration number 07297607, with a registered address at DH7 8ER, England, Durham, Unit 18 St. Johns Road, Meadowfield Industrial Estate.

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