5th Avenue Clothing Limited

5th Avenue Clothing Limited, based in Leicester, UK, is a small holding company with an active status, established eleven years ago. Employing 55 people and boasting £1,310,299 in assets, the company operates from a real address and is overseen by one director and one owner. It regularly imports and exports clothing and accessories made by knitting or crocheting, with 125 months of import activity and 12 months of export activity recorded.

The company’s website highlights its role as a design, develop, and deliver partner for leading online retailers and high-street licensing brands. 5th Avenue creates, designs, and manufactures clothing, focusing on high quality, competitive pricing, and fast lead times. It operates a purpose-built production facility capable of printing and supplying over 200,000 garments monthly, leveraging cutting-edge technology. The company also offers a wide range of services, including design, screen printing, embroidery, garment dying, and licensing, catering to diverse client needs. It even offers made-to-order manufacturing and sourcing from factories globally, ensuring access to high-quality yarns and components.

Financially, 5th Avenue Clothing Limited shows some concerning trends. Accumulated depreciation has risen significantly by 56%, while cash bank on hand has plummeted 56% to £180,000. Current assets have decreased by 35% to £1,300,000, and net assets have fallen 12% to £810,000. Creditors have also decreased, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decline in equity suggests potential financial strain. The average number of employees during the period has also dropped by 11%, which could be a result of restructuring or reduced demand. With no auditor mentioned, the financial statements are unaudited.

Registered in England/Wales under the registration number 08871336, with a registered address at LE1 3UD, England, Leicester, 27-28 Charter Street.

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