The Local Merchants Limited

The Local Merchants Limited, based in Chelmsford, UK, is a small, active company founded just three years ago. Employing three people, it holds £135,228 in assets and operates from a real address. With three directors and three owners, the company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 29 reviews. It’s a regular importer of clothing and accessories, not knitted or crocheted, with 74 months of import activity recorded.

The company's website, TheLocalMerchants.co.uk, showcases a curated selection of menswear brands, ranging from Alessandro Gherardi to William Lockie. It's clear they're targeting a discerning customer with a focus on quality and style. The site features lookbooks, editorial content, and even offers services like made-to-measure appointments and personal shopping. It also highlights "Informale," a collaborative line emphasizing simplicity and ethical sourcing. They ship worldwide and even offer a "Wishlist" feature.

Financially, The Local Merchants Limited presents a mixed picture. Cash bank on hand has fallen significantly, dropping 53% to £37,000. Creditors have decreased by 18%, which is good, but trade debtors have vanished entirely—a rather concerning trend. Equity, however, has seen a substantial increase of 200%, rising to £26,000, suggesting retained earnings are building. Despite a 10% drop in current assets to £140,000, the company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's growth in equity is a positive sign, but the sudden disappearance of trade debtors warrants further investigation. It's possible this is a temporary blip, or perhaps a shift in payment terms. Overall, The Local Merchants Limited appears to be a well-managed, niche retailer, but it’s important to monitor these financial trends closely.

Registered in England/Wales under the registration number 13634804, with a registered address at CM3 4QF, United Kingdom, Chelmsford, Essex, 5 Eves Corner, Danbury.

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