The Highland Store (great Russell Street) Ltd

The Highland Store Great Russell Street Ltd from London UK: a small, active company founded 27 years ago, employs 12 people, and holds £1,028,934 in assets. It’s a family business with two directors and three owners, boasting a solid 4.0 Google rating from 141 reviews. The company regularly imports headgear and accessories—19 months of import activity recorded.

Operating as a fashion accessories shop in central London, The Highland Store has two locations: one in Bloomsbury, right in front of the British Museum, and another in Notting Hill on Portobello Road. The company specializes in Scottish designs and traditional goods, offering a wide range of items from woollen blankets to kilts and accessories. It also has a separate division focused on high-end piano restoration, operating from Cambridge and even featuring a showroom in Harrods.

Financially, the company’s picture is mixed. Current assets decreased by 6.3% to £1,000,000, while equity dropped by 13% to £620,000. Cash bank on hand increased slightly, up 0.64% to £530,000. Creditors rose by 11%, reaching £450,000. The company’s small size—meeting two of three criteria for a small business—helps it remain flexible. The lack of an auditor mentioned suggests it’s exempt due to its size, relying on unaudited statements.

The increase in creditors, while not alarming, suggests the company is managing its debts carefully. The decrease in equity, however, raises questions about profitability—perhaps reflecting increased investment in inventory or expansion. It’s likely that the company is holding steady, but facing some pressures, and the piano restoration division provides a valuable source of prestige and heritage.

Registered in England/Wales under the registration number 03511968, with a registered address at WC1B 3BN, London, 66 Great Russell Street.

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