Advance Apparel Ltd
- Small
- Active
- 16 years
- 14 employees
- £1,882,793 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Rating 4.0 (10)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 25 days ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
Advance Apparel Ltd, based in Dagenham, UK, is a small, active company established sixteen years ago. With ten employees and £1,658,967 in assets, it operates from a real address and is managed by one director and two owners, holding a respectable Google rating of 4.0 from ten reviews. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 209 months of import activity and 12 months of export activity recorded.
The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import/export activities. It appears to be focused on wholesale of textiles, and likely operates a business-to-business model.
Financially, Advance Apparel Ltd presents a mixed picture. While cash reserves increased by a significant 220% to £350,000, net assets declined by 15% to £260,000. Creditors have increased substantially, rising 92% to £1.3 million, and trade debtors have doubled to £450,000. The number of employees has increased by 40% to fourteen, which may be a factor in the rise of creditors. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants further scrutiny. The accounts are unaudited and prepared as abridged accounts, which is standard for small companies.
Despite these challenges, Advance Apparel Ltd’s consistent import and export activity, coupled with a positive Google rating, suggest a resilient business. The increase in employee numbers could indicate expansion, but it’s important to monitor the company’s ability to manage its growing financial obligations.
Registered in England/Wales under the registration number 06698009, with a registered address at RM9 6RH, England, Dagenham, Unit 14c Thames Gateway Park,, Chequers Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 25 days
- 1
-
Resident of United Kingdom
-
Individual
- 16 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Appointment of Mr Hamza Mulla as a director on 2025-06-09Download 2 pages pdf report
-
Unaudited abridged accounts made up to 2024-11-30Download 9 pages pdf report
-
Confirmation statement made on 2024-10-25 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Advance Apparel Ltd
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