The Foot Factory Limited

The Foot Factory Limited, based in Lisburn, UK, is a small, active company founded 13 years ago. With three employees and £996,265 in assets, it operates an e-commerce site selling shoes and accessories. It has a real address and is managed by three directors and two owners, boasting a 4.0 Google rating from 134 reviews. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The Foot Factory's website clearly showcases a retail business focused on shoes, with sections for men's, women's, and kids' footwear, alongside clothing and accessories. It offers a wide range of brands, including Crocs, Irregular Choice, and Salt Water Sandals, and emphasizes free UK delivery on orders over £75. The site's design is modern and user-friendly, with a focus on visual appeal and easy navigation, and it even has a section dedicated to Crocs collaborations, like the Lightning McQueen collection.

Financially, the company's recent reports show some interesting trends. Accrued liabilities increased slightly to £5,000, while amounts owed to directors decreased to £170,000. Bank borrowings saw a significant shift, with overdrafts dropping from £200,000 to £130,000, but total borrowings increasing to £320,000. Cash reserves remain steady at £17,000. Creditors also decreased significantly, falling to £67,000. The company’s net assets increased to £200,000, which is a positive sign, but the increased borrowings could indicate a need for more working capital. It’s worth noting that the company’s net current assets decreased to £330,000, which could be a cause for concern. The accounts are unaudited, and the company is exempt from audit as a small company. The directors have offered personal guarantees for the borrowings, which is a common practice for small businesses.

Registered in Northern Ireland under the registration number NI608255, with a registered address at BT28 1TS, Northern Ireland, Lisburn, 20 Lisburn Square.

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