Ada Wear Ltd
- Small
- Active
- 4 years
- £1 (assets)
- £512 (revenue)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
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
-
Individual
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-09-09 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 11 pages pdf report
-
Confirmation statement made on 2023-09-09 with no updatesDownload 3 pages pdf report
FAQ about Ada Wear Ltd
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