Theclassiccouture Ltd

Theclassiccouture Ltd is a small, active company based in Durham, UK, founded six years ago in 2019. With £51,689 in assets and a real registered address, it’s a lean operation employing just one person and overseen by a single director and two owners. The company operates an e-commerce site specializing in pre-loved, classic, and restored designer handbags, clothes, shoes, and accessories. It boasts a "prestigious stocklist" including rare and discontinued pieces, often with original packaging.

Theclassiccouture’s website highlights a brand-new showroom and offers complimentary UK first-class postage, with international shipping available. It’s a business clearly focused on the luxury resale market, offering a curated selection of high-end goods. The site also includes a blog, suggesting a focus on building a community and showcasing expertise in the vintage fashion space.

Financially, Theclassiccouture Ltd shows a mixed picture. Current assets have decreased by 9.1% to £52,000, while net assets have also fallen by 4.6% to -£5,500. Bank borrowings remain steady at £10,000, but cash reserves have dropped significantly by 51% to just £800. Creditors have increased by 10%, and the company’s small size (meeting two of three criteria for a small company) helps it remain agile. The lack of an auditor is common for companies of this size, relying on unaudited statements.

While the e-commerce site appears active and well-curated, the financials suggest the company is burning through money. The decrease in cash reserves and negative equity are concerning, although not unusual for a young business. It’s likely the company is reinvesting in inventory and marketing to grow its customer base, but careful management will be needed to ensure long-term sustainability.

Registered in England/Wales under the registration number 11931842, with a registered address at DH6 4ER, England, Durham, The Mill House Cornforth Lane, Coxhoe.

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