Able Clothing Ltd

Able Clothing Ltd is a small, active company based in Wembley, UK, founded three years ago. With five employees and £669,461 in assets, it operates from a virtual address – a detail flagged by the registration of fifty-six other companies at the same location. The company has two directors and two owners, and runs an e-commerce site. It regularly imports clothing and accessories (excluding knitted or crocheted items), with three months of import activity recorded, and occasionally exports clothing and accessories made by knitting or crocheting, with one month of export activity. The company’s core business involves wholesale of clothing and footwear, retail sale via mail order houses or via internet industries.

The company’s website, ABLE by Women, for Women, showcases a curated selection of clothing, leather bags, and jewelry, emphasizing ethical sourcing and handcrafted production. The site features a range of categories, including new arrivals, denim, leather bags, and jewelry, with a focus on inclusive sizing and sustainable practices. The website's design and content suggest a deliberate branding strategy targeting fashion-conscious consumers who value quality and social responsibility.

Financially, Able Clothing Ltd demonstrates a mixed picture. Cash reserves have significantly increased, jumping 290% to £270,000, a positive sign. However, creditors have also risen by 2.6% to £450,000, which could indicate increased reliance on short-term borrowing. Debtors have decreased by 9.5% to £400,000, suggesting improved collection of outstanding payments. Equity has seen a substantial increase of 190% to £220,000, driven by retained earnings. 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 nimble, but the increased creditors suggest a need to manage short-term liabilities. The accounts are unaudited, a common exemption for small companies, and were prepared using Final Accounts software.

Registered in England/Wales under the registration number 13680639, with a registered address at HA9 8JU, England, Wembley, Middlesex, 18 The Broadway, East Lane.

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