Ada Wear Ltd

  • Small
  • Active
  • 4 years
  • £1 (assets)
  • £512 (revenue)
  • Real address
  • 1 director
  • 1 owner
  • Solo founder
  • E-commerce

Field of Operation

Retail sale via stalls and markets of textiles, clothing and footwear
47820 7437 companies
Retail sale via mail order houses or via Internet
47910 204743 companies

Website

Social media

Summary

Ada Wear Ltd is a small, active company based in Manchester, UK, founded four years ago. It’s a solo founder operation with a single director and owner, operating an e-commerce site. The company holds just £1 in assets and generated £512 in revenue last year. It has a real address, with only one other company registered at the same location.

The website, Adanola, showcases a wide range of activewear and loungewear, including leggings, sweatshirts, and swimwear. It emphasizes free standard delivery on orders over £85 and encourages customers to join the Adanola Rewards Club. The site is clearly focused on direct-to-consumer sales, with a modern aesthetic and a strong emphasis on community and inclusivity. There’s a lot of product photography and a detailed sizing guide—a good indication of a well-managed online store.

Financially, Ada Wear Ltd presents a mixed picture. While turnover reached £512, the company reported a net loss of -£7. Cash bank on hand is a mere £1, and current assets are also just £1. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the losses and low cash reserves are concerning. There’s no auditor mentioned, which is typical for small, exempt companies. It seems like the company is burning through cash, but it’s hard to say if this is a temporary situation or a longer-term challenge. The lack of employees (zero reported) suggests a very lean operation, likely run by the founder.

Registered in England/Wales under the registration number 13055706, with a registered address at M30 9DX, England, Manchester, Flat 7 22 Sandwich Road, Eccles.

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

Owners & PSC

  • 4 years
  • 75%+

Managers

Company director

Last reports

Download the last financial report
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Last news

  1. Confirmation statement made on 2024-09-09 with no updates
  2. Total exemption full accounts made up to 2023-12-31
  3. Confirmation statement made on 2023-09-09 with no updates
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