The Dance Shop (north West) Ltd

The Dance Shop (North West) Ltd, based in Liverpool, UK, is a small, active company founded ten years ago. With two employees and £53,060 in assets, it operates from a virtual address – a detail worth noting as 277 companies share the same location. A single director and owner, Cathryn O’Grady, steer the business, which runs an e-commerce site specializing in dancewear, gymnastics wear, and yoga accessories. The company imports clothing and accessories made by knitting or crocheting, though imports have been irregular, with the last recorded in October 2024.

The company's website showcases a wide range of products, from ballet shoes to hoodies, catering to various dance styles and age groups. It also features a directory of local dance schools, suggesting a focus on building relationships within the dance community. The site’s design is clean and functional, with a user-friendly interface and detailed product descriptions. The site also offers currency conversion for international customers.

Financially, The Dance Shop (North West) Ltd presents a mixed picture. While cash reserves increased by a substantial 270% to £5,300, net assets declined by 34% to -£44,000. Creditors also increased by 31%, reaching £95,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the equity drop suggests potential financial pressures. Bank borrowings increased, which is a concern. Trade debtors also increased slightly. The company’s unaudited accounts, as a small company, rely on director-reported data.

Despite these challenges, the company’s online presence and focus on a niche market suggest a potential for growth. The website’s directory of local dance schools could be a valuable asset for building brand awareness and driving sales. It's a small business with a lot of potential, but it will need to manage its finances carefully to ensure its long-term success.

Registered in England/Wales under the registration number 09447786, with a registered address at L3 5NW, England, Liverpool, Merseyside, Seymour Chambers, 92 London Road.

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