The Pantry Underwear Limited

The Pantry Underwear Ltd from Bedford UK: a small, active company founded nine years ago, employs seven people, and holds £219,546 in assets. Operating from a virtual address (shared with forty-eight other companies), it's led by two directors and owned by Rigby Eloise. The company boasts a stellar 5.0 Google rating based on nearly five hundred reviews and runs a thriving e-commerce site. It's an irregular importer, bringing in clothing and accessories made by knitting or crocheting, with the last import occurring a year ago.

The Pantry Underwear’s website is a vibrant showcase of its offerings, focusing on bras and underwear. It’s a full-service retailer, offering everything from wire-free bras to bridal solutions, sleepwear, and even swimwear. The site emphasizes personalized service, offering virtual and in-store bra fittings, and even hosts “Pant Parties” – a unique offering. It’s a well-designed site with a lot of product information and a blog section.

Financially, The Pantry Underwear shows some concerning trends. While current assets increased by 17% to £220,000, net assets dropped significantly by 79% to just £12,000. Bank borrowings increased substantially by 2,400%, reaching £25,000, and cash reserves fell by 120% to £8,400. Creditors increased by 48% to £150,000. The company meets the criteria for a small company—with turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

Despite a strong online presence and positive customer reviews, the sharp decline in equity raises questions about the company’s financial health. The increased borrowing suggests a need for additional capital, and the drop in cash reserves indicates a need to manage expenses carefully. The business seems to be doing well in terms of sales and customer satisfaction, but the financial data suggests it's burning through money.

Registered in England/Wales under the registration number 10189252, with a registered address at MK40 2QW, England, Bedford, Bedfordshire, Northwood House, 138 Bromham Road.

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