66 Mode Ltd

66 Mode Ltd is a small, active company based in Manchester, UK, established nine years ago. With a single employee and £21,766 in assets, it’s a solo founder operation led by one director and owner. The company operates in the retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets industries.

The company’s website, 66North, showcases a range of outdoor apparel and accessories, emphasizing Icelandic heritage and durability. It’s clear the company is focused on e-commerce, with free shipping on orders over £150 and a strong emphasis on design and quality. The website also highlights collaborations with figures like Chris Burkard and features a circular service, emphasizing repair and recycling. It even runs a club with a chance to win trips to Iceland.

Financially, 66 Mode Ltd presents a mixed picture. Current assets increased by 6.4% to £22,000, while net assets jumped a remarkable 210% to £900. However, cash bank on hand fell sharply by 89% to just £400, and bank borrowings decreased by 13% to £14,000. Creditors also decreased by 13% to £14,000. 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 significant increase in equity suggests a period of reinvestment or improved profitability. There’s no auditor mentioned, which is common for small companies.

Overall, 66 Mode Ltd seems to be navigating a period of growth and reinvestment, with a focus on its e-commerce platform and brand reputation. The decrease in cash reserves could be a temporary consequence of increased inventory or marketing spend, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 09779170, with a registered address at M9 4EE, England, Manchester, 6 Glen Avenue.

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