The Rainbow Stores Group Ltd

The Rainbow Stores Group Ltd, a small company based in London, UK, has been operating for an impressive 90 years, having been founded in 1935. Despite its longevity, the company is a compact operation, employing just one person and holding assets of £14,842. It’s an active business with a real address and is led by three directors, with Baker Jaime Jean as the sole owner and solo founder. The company also runs an e-commerce site.

The Rainbow Stores specializes in retail sale via mail order houses or via internet, and also manages real estate on a fee or contract basis. Its website, "The Rainbow Stores," is a vibrant online shop catering to the LGBTQ+ community, offering clothing, accessories, and artwork with a focus on inclusivity and self-expression. The site’s range of products, from t-shirts and hoodies to mugs and notebooks, are all branded with pride and a commitment to celebrating diversity.

Financially, The Rainbow Stores has experienced some turbulence. Current assets have dropped significantly, falling 44% to £15,000, while net assets have plummeted a dramatic 420% to -£10,000. Cash reserves have also taken a hit, decreasing by 52% to £10,000. Trade debtors have increased, suggesting a possible reliance on customer payments, and bank borrowings have decreased by 13%. The company's small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the sharp decline in equity raises concerns. As a small company, it's exempt from an audit, so the figures are unaudited.

Despite these financial challenges, The Rainbow Stores continues to serve a dedicated customer base with its unique product offering and commitment to inclusivity. The company's long history and online presence suggest a resilience and adaptability that could help it navigate future uncertainties.

Registered in England/Wales under the registration number 00299284, with a registered address at SW8 3RZ, London, 112 Queenstown Road.

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