Showcase Group Limited

Showcase Group Limited is a small, active company based in London, UK, founded seven years ago in 2017. With eleven employees and £1,495,117 in assets, it operates from a virtual address – a detail highlighted by the presence of fifty-three other companies registered at the same location. The company has five directors and two owners, and is regularly importing clothing and accessories, not knitted or crocheted, with the last import operation made in April 2022.

The company’s website, Showcase.Co, is a luxury sample sales platform, connecting brands with consumers through exclusive, members-only events both online and in-person. It partners with global fashion houses, brands, and designers to create unmissable sales in London, New York, Sydney, and beyond. The site offers a tiered membership system, with free access to most sales and VIP/Priority tiers granting access to the most exclusive events. Showcase’s business model centers on creating a curated shopping experience, with allocated time slots to minimize wait times and ensure a pleasant atmosphere.

Financially, Showcase Group Limited’s numbers show some interesting trends. Bank borrowings decreased by 36%, reaching £230,000, and cash reserves increased by 2.7%, reaching £160,000. However, net assets increased by 130%, reaching £770,000, and creditors increased by 25%, reaching £1,500,000. The company’s average number of employees increased by a staggering 300%, reaching 44, which could indicate rapid growth or a change in operational structure. The company’s turnover increased by 30%, reaching £1,500,000, but net losses deepened to -£30,000. 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 increase in creditors raises questions about its ability to manage its debt. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Registered in England/Wales under the registration number 10862019, with a registered address at EC1M 6DX, England, London, 22 Charterhouse Square.

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