The Couture Club Ltd

The Couture Club Ltd from Manchester UK: small company, holding company, active status, founded 10 years ago, 56 employees, £2,688,182 assets, real address, 2 directors, 2 owners, e-commerce site, google rating 1.0 based on 4 reviews. Regular importer of clothing and accessories made by knitting or crocheting (689 months imported). Regular exporter of clothing and accessories, not knitted or crocheted (49 months exported).

The Couture Club Ltd operates as a small holding company, based in Manchester, and has been active for a decade. Employing 56 people, it holds assets worth £2.69 million. The company's e-commerce site is central to its business, selling clothing and accessories, and it regularly imports knitted and crocheted items while exporting other clothing lines. The Google rating of 1.0, based on just four reviews, suggests room for improvement in customer satisfaction.

The company's website showcases a diverse range of clothing, from menswear and womenswear to kids’ collections, with a strong emphasis on current trends and seasonal styles. The site offers a variety of sales and promotions, including a spring sale and knitwear offers, and provides a convenient platform for customers to browse and purchase items. It also has a section for mini me kids.

Financially, The Couture Club Ltd shows some concerning trends. While current assets decreased by 18% to £2.7 million, bank borrowings surged by a staggering 2,400% to £400,000. Cash reserves also fell 30% to £860,000. Creditors decreased by 33%, suggesting better debt management, but the sharp increase in borrowings and decrease in cash are worrying. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the significant debt increase raises questions about its financial stability. The lack of an auditor mentioned likely means the accounts are unaudited. Director remuneration also saw a dramatic decrease, falling 80% to £28,000. This could be a sign of cost-cutting measures or a shift in the company's management structure. Overall, The Couture Club Ltd appears to be navigating a challenging financial landscape, with a need to carefully manage its debts and maintain customer satisfaction to ensure long-term success.

Registered in England/Wales under the registration number 09321521, with a registered address at M12 5BB, England, Manchester, 40-42 Matthews Street, Higher Ardwick.

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