The Collective Dancewear Limited

The Collective Dancewear Limited is a small, active company based in Hertford, UK, founded three years ago in 2021. With just two employees and £24,355 in assets, it’s a solo founder operation with a real address and a 5.0 Google rating from 19 reviews. The company operates an e-commerce site selling dancewear, catering to men, women, and kids. It ships worldwide, offering free shipping promotions for UK, European, and US customers. The website showcases a wide range of products, including leotards, skirts, warm-ups, and accessories, alongside brands like Bloch, Bunheads, and Capezio. It even has a blog with articles on pointe shoes and performing arts college auditions.

Financially, The Collective Dancewear Limited is showing some mixed signals. Current assets have fallen by 27% to £24,000, while net assets have decreased by 52% to just £3,600. Cash reserves have also dropped by 27% to £7,900. Trade debtors have increased by 12%, suggesting customers are taking longer to pay. On the positive side, creditors have decreased by 44%, indicating improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the decline in equity raises questions. The accounts are unaudited, which is common for small companies, and there's no auditor mentioned.

The website clearly indicates a thriving e-commerce business with a focus on customer satisfaction and a wide selection of dancewear. However, the financial data suggests the company may be burning through cash, although it's possible this is typical for a growing e-commerce startup. It would be interesting to see how the company’s solo founder manages these competing pressures.

Registered in England/Wales under the registration number 13510923, with a registered address at SG14 3DE, England, Hertford, 29 The Drive.

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