Serendipity Brides Limited

Serendipity Brides Limited, based in Northampton, UK, is a small, active company established eleven years ago. With eight employees and £337,778 in assets, it operates as a solo-founded venture led by a single director and owner. The company specializes in the retail sale of clothing in specialised stores and regularly imports clothing and accessories—not knitted or crocheted—with 25 months of import activity recorded.

The company’s website, Serendipity Brides, showcases a luxury bridal boutique offering a wide range of wedding dresses and accessories from leading designers. It positions itself as an award-winning shop dedicated to providing a personal and special experience for every bride. The website features designer collections, a curve collection, and testimonials from satisfied customers. It also includes a blog, meet the team section, and contact information. The site clearly functions as an e-commerce platform, showcasing dresses and accessories and directing customers to book appointments.

Financially, Serendipity Brides Limited presents a mixed picture. While cash bank on hand increased by 11% to £110,000, net assets decreased by 8.3% to £180,000. Creditors rose by 26% to £140,000, while fixed assets took a significant hit, decreasing by 38% to £12,000. The company’s employee count increased by 25% to ten, which may have contributed to the rise in creditors. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants further attention. The company's accounts are abridged and unaudited, and no auditor is mentioned.

Overall, Serendipity Brides Limited appears to be navigating a period of change. While the business seems to be thriving on its website and reputation, the financial data suggests it’s burning through money. The increase in employees and creditors, combined with the decrease in net assets, indicates a need for careful financial management.

Registered in England/Wales under the registration number 08839244, with a registered address at NN7 4QD, Northampton, 62 High Street.

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