Adaptor Clothing Limited

Adaptor Clothing Ltd from Hoddesdon UK: a small, active company founded thirteen years ago, employs just two people, and holds £137,412 in assets. It operates from a virtual address, managed by two directors and a solo founder, and runs an e-commerce site with a stellar 5.0 Google rating based on 62 reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with five months of import activity recorded.

The company’s website showcases a wide range of British subculture clothing, footwear, and accessories, catering to fans of Mod, Skinhead, Rudeboy, and Casual styles. It represents 60 years of British menswear, featuring brands like Ben Sherman, Gabicci, and Loake. The site also has a blog with regular updates and articles, which is a nice touch.

Financially, Adaptor Clothing Ltd’s numbers present a mixed picture. While net assets decreased by 23% to -£93,000, cash reserves increased by a substantial 130% to £610. Bank borrowings have also decreased, with both the overdraft and non-financial instruments down by 10% and 13% respectively. Creditors, however, have increased by 16%, suggesting a need to manage debts more effectively. The company meets the criteria for a small business, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

The company’s increasing debt and decreasing equity are concerning, but the rise in cash reserves suggests improved cash flow management. It’s clear that Adaptor Clothing Ltd is navigating a challenging economic climate, but its strong brand reputation and loyal customer base may help it weather the storm.

Registered in England/Wales under the registration number 08012200, with a registered address at EN11 8UR, Hoddesdon, Hertfordshire, 2 Tower House.

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