Well established (2002) retailer of fabrics and accessories to the consumer market.
Business has moved rapidly to being 95% online with a well systemised e-Commerce process providing good customer journeys.
Multi-channel retailer of fabric, curtains, homeware, accessories and sundries 99% B2C, 87% via own e-commerce site
95% B2C, rest is trade but no accounts 87% online 69% Fabrics only, 15% made to measure. Clientele is nationwide, generally mid to upper.
Fully equipped with modern, fit for purpose assets, and cash rich. No significant fixed assets (total £307k of which leasehold improvements is £240k), as at Jan 21 balance sheet value was £1.16m
“Discounter” model with some clearance and end of line stock. Most products are continuous, many well known brands complimented with strong own label offering. All purchased ad hoc, no supplier reliance.
- Fabrics (66%)
- Curtains (20%)
- Sundries (5%)
- Homeware (5%)