Sequin Showstoppers Ltd

Sequin Showstoppers Ltd from Birmingham, UK, is a small, active company founded seven years ago in 2018. Employing just two people, the business holds £57,888 in assets and boasts a perfect 5.0 Google rating based on 20 reviews. It's a family business with two directors and two owners, operating from a real address.

The company’s website, sequinshowstoppers.co.uk, clearly indicates an e-commerce focus. The site prominently features a "Shop" section, alongside "Til You Drop," "Spill the Tea," and "Showstoppers" categories, suggesting a range of sequin-themed products. It also offers a “Contact” page and details on refunds and privacy policies, hallmarks of a modern online retailer. The site doesn's have a blog.

Financially, Sequin Showstoppers Ltd presents a mixed picture. While current assets increased by a modest 8.6% to £58,000, equity took a significant hit, dropping 120% to -£1,300. Cash reserves also declined by 17% to £5,300. Trade debtors decreased by 33%, which could indicate improved collections, but creditors rose by 29% to £59,000, suggesting increased reliance on credit. Bank borrowings were not reported. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the equity decline is a cause for concern. The accounts are unaudited and exempt from audit, and the company’s director signing financial statements was not reported.

Overall, Sequin Showstoppers Ltd appears to be navigating a challenging financial landscape. While its online presence is well-maintained, the negative equity suggests the company may be burning through cash faster than it’s generating revenue. Whether it can turn things around will depend on its ability to increase sales and manage its expenses effectively.

Registered in England/Wales under the registration number 11189555, with a registered address at B5 7AH, England, Birmingham, West Midlands, 86a Bristol Street.

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