The Mews Bridal Gowns Ltd

The Mews Bridal Gowns Ltd from Taunton, UK, is a small, family-run business with an active status, having been founded twelve years ago in 2012. With twelve employees and a virtual address, the company is led by two directors and two owners. It boasts a stellar 5.0 Google rating based on 133 reviews, and regularly imports clothing and accessories—not knitted or crocheted—with 28 months of import activity recorded.

The company’s website showcases a curated selection of French bridal designers, including Rime Arodaky, Laure de Sagazan, and Caroline Takvorian, emphasizing effortless, chic, and modern wedding dresses. It operates a physical showroom in Notting Hill, London, and positions itself as a destination for brides seeking a unique and stylish alternative to traditional bridal wear. The site is well-designed and features high-quality photography, blog content, and a focus on customer service. It’s clear that The Mews Bridal Gowns Ltd is more than just a retailer; it’s a brand with a distinct aesthetic and a loyal following.

Financially, the picture is a little more complex. Net assets have fallen significantly, dropping 45% to £130,000, and equity has decreased by a similar amount. Cash reserves have also taken a hit, falling 65% to £12,000. Bank borrowings remain relatively stable at £48,000, but trade debtors have fallen sharply, suggesting a tighter control on customer payments. The company’s average number of employees has decreased by 25%, from twelve to nine, which could be due to seasonal fluctuations or a restructuring of operations. While the company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees, the decline in equity is a cause for concern. There is no auditor mentioned, so the figures are unaudited.

Overall, The Mews Bridal Gowns Ltd appears to be navigating a challenging economic climate. While its brand and online presence remain strong, the financial data suggests that the company is burning through money. The decrease in employees and the decline in cash reserves are worrying signs, but the company’s focus on a niche market and its reputation for excellent customer service could help it weather the storm.

Registered in England/Wales under the registration number 08132455, with a registered address at TA1 2PX, United Kingdom, Taunton, Somerset, Goodwood House, Blackbrook Park Avenue.

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