Woven Retail Ltd

Woven Retail Ltd, based in Hetton-Le-Hole, UK, is a small, active company established fifteen years ago. With six employees and £589,142 in assets, it operates as an e-commerce site and regularly imports clothing and accessories (excluding knitted or crocheted items), with the latest imports occurring in September 2024. The company's registered address is real, with only one other business registered there. It’s managed by a single director and owner, Hayes Christopher Wallace.

The company’s website, Woven Durham, showcases a sophisticated retail operation specializing in menswear. It offers a wide range of services, from bespoke suit tailoring to suit hire, alongside a curated selection of formalwear, casualwear, footwear, and accessories. The site emphasizes award-winning quality and a personalized shopping experience, with in-store services like custom suit fittings and a workshop for tailoring. The website also features a blog with helpful style guides, like "How2 Tie a Neck Tie," and a section highlighting the company’s history and commitment to British craftsmanship.

Financially, Woven Retail Ltd presents a mixed picture. Current assets decreased by 14%, dropping to £590,000, while net assets increased by 13%, reaching £320,000. Cash bank on hand took a significant hit, falling 26% to £150,000. Creditors also decreased, falling 15% to £35,000. Property, plant, and equipment saw a dramatic increase of 410%, jumping to £83,000, which may indicate investment in the business. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the drop in cash reserves warrants attention. As a small company, it is exempt from an audit, and the financial statements are unaudited. The increase in fixed assets could be due to investment in new equipment or property, and it’s worth noting that the number of employees has increased slightly, rising from six to seven.

Registered in England/Wales under the registration number 07144311, with a registered address at DH5 9JN, Hetton-Le-Hole, Tyne And Wear, Burnholme, Bog Row.

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