Shoemed Limited

Shoemed Comfortable Footwear Specialists is a small, active company based in Stratford-upon-Avon, UK, founded fourteen years ago in 9th May 2011. With £194,330 in assets and eight employees, it operates as a solo-founded business with one director and owner. The company has a real address and a 5.0 Google rating from 47 reviews, highlighting its commitment to customer satisfaction. Shoemed is a regular importer of footwear and related items, with 66 months of import activity recorded, the last in March 2025.

The company’s website showcases a specialist retailer of comfortable footwear, catering to individuals with foot conditions like arthritis, diabetes, and plantar fasciitis. It offers a wide range of brands, including Joya, Birkenstock, and Oofos, and provides fitting advice and consultations, both in-store and via video call. The website also features a blog with helpful articles on foot health and footwear selection. It's clear they're not just selling shoes, but offering solutions for foot-related issues.

Financially, Shoemed Ltd shows a concerning trend. Current assets have fallen by 38% to £190,000, while net assets have dropped by 19% to -£560,000. Bank borrowings have increased by 2.5% to £10,000, and cash reserves have declined by 40% to £34,000. Creditors have decreased by 6.1% to £310,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The significant drop in equity, however, suggests the company is burning through cash, and the increase in bank borrowings is a worrying sign. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While Shoemed's website and Google rating suggest a strong customer focus, the financials paint a picture of a company facing financial pressures. The business is clearly working hard to provide specialist footwear, but it needs to address its cash flow issues to ensure long-term sustainability.

Registered in England/Wales under the registration number 07627368, with a registered address at CV37 6JG, Stratford Upon Avon, Warwickshire, 45a Wood Street.

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