Talk Of The Town Boutique Limited

Talk Of The Town Boutique Ltd is a small, active company based in Preston, UK, founded four years ago in June 13, 2020. With just two employees and £250 in assets, it operates as a solo-founded e-commerce site, boasting a perfect 5.0 Google rating from six reviews. The company’s registered address is a virtual one, shared by eleven other businesses, which is a little strange. It's run by one director and owner, Penswick Tina Kelly Anne.

The company’s website, talkofthetownboutique.co.uk, presents a vibrant online boutique offering a range of women's clothing, from neutral tones to dresses and curve fits. It ships all over the UK for just £3, and offers free delivery for orders over £50. The site actively encourages customers to engage on Facebook and even hosts live shopping videos several times a week. They also accept Clearpay and offer gift cards.

Financially, Talk Of The Town Boutique Ltd shows a mixed picture. Current assets have dropped significantly by 47%, falling to £250. Bank borrowings have increased dramatically by 620%, now at £1900, and cash reserves have vanished entirely, dropping 100% from £220. Creditors have also risen by 6.3% to £12,000. Equity has remained steady at -£11,000. The company’s small size—meeting two of three conditions for being classified as small—helps it stay nimble, but the sharp decline in assets and cash raises concerns. As a small company, it's exempt from an audit, so the figures are unaudited.

It seems like the company is burning through cash, and while its online presence is strong, it needs to address its financial situation. The rise in bank borrowings suggests it's relying on credit to keep going, and the lack of cash reserves is a worrying sign.

Registered in England/Wales under the registration number 12642276, with a registered address at PR5 6EE, England, Preston, 353-355 Station Road, Bamber Bridge.

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