Absolute Outfits Limited

Absolute Outfits Limited is a small, active company based in Manchester, UK, founded nine years ago in December 2015. The company, with £21,242 in assets, operates an e-commerce site and is managed by two directors and one owner, Jamil Muhammad Faisal. It’s classified as a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s registered address is a real address, with only one other company registered there.

The company’s website, Absolute Glamour Formals, specializes in women’s formal dresses, offering a wide range of evening gowns, accessories, and shoes. The site emphasizes exclusive designs, appointment-only services, and a focus on providing a personalized shopping experience. Customers can browse a variety of styles, from classic evening gowns to trendy web-exclusive designs, and even book appointments for made-to-measure services. The site’s design is a little dated, and it’s clear that JavaScript is essential for full functionality.

Financially, Absolute Outfits Limited presents a mixed picture. Current assets have decreased by 35% to £21,000, while net assets have fallen by 25% to -£2,200. Bank borrowings have decreased by 32% to £23,000, and cash reserves have doubled to £18,000. Creditors have also decreased by 32%, suggesting some improvement in debt management. The lack of employees (zero reported) indicates a very lean operation. The accounts are unaudited, a common situation for small companies, and were prepared using VT Final Accounts software.

Overall, Absolute Outfits Limited seems to be navigating a challenging financial landscape. While the e-commerce site appears to be actively selling formal wear, the declining assets and negative equity suggest the company is burning through cash. It’s likely that the company is relying on its niche market and online presence to sustain its operations, but whether it can achieve long-term financial stability remains to be seen.

Registered in England/Wales under the registration number 09920383, with a registered address at M8 8UD, England, Manchester, 12 Falfield Drive.

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