Vegetarian Shoes Limited

Vegetarian Shoes Ltd, based in Brighton, UK, is a small, active company established 22 years ago. With eight employees and £616,885 in assets, it’s a long-standing player in the footwear market, operating primarily through an e-commerce site. The company has a real registered address, though it's likely virtual given forty other companies share it, and is led by a single director and owner, a solo founder. It regularly imports and exports footwear and related items—70 months of import activity and 49 months of export activity recorded—a testament to its established supply chain.

The company’s website, vegetarianshoes.co.uk, showcases a wide range of vegan footwear, emphasizing ethical production and British craftsmanship. From sandals and boots to smart celebration shoes and specialist steel-toe options, the site caters to both men and women. A unique selling point is its focus on smaller shoe sizes, with a dedicated sale section for those with smaller feet. The site’s “About Us” section explains the company’s name—established in 1990 before veganism was widely recognised—and its commitment to providing high-quality vegan footwear.

Financially, Vegetarian Shoes Ltd’s recent performance shows some concerning trends. Current assets have fallen by 24%, dropping to £620,000, and net assets have plummeted 37%, settling at £300,000. Cash reserves have also declined significantly, decreasing by 87% to just £180. While creditors have decreased by 6.3%, suggesting improved debt management, the substantial drop in cash and equity raises questions about the company’s financial health. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity needs attention. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Vegetarian Shoes Ltd appears to be navigating a challenging period. While its e-commerce operation and commitment to ethical footwear remain strong, the financial data suggests a need for careful management and potentially some adjustments to ensure long-term sustainability.

Registered in England/Wales under the registration number 04682725, with a registered address at BN1 1UJ, United Kingdom, Brighton, 100 Church Street.

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