Ashes Clothing Ltd

Ashes Clothing Ltd is a small, active company based in Stoke-On-Trent, UK, founded eight years ago in January 2017. It’s a solo founder operation, managed by one director and owner, Lowe Daniel Robert. The company holds £28,200 in assets and generates £362 in yearly revenue, operating from a real address shared by two other businesses. It’s a irregular importer, with its top import category being Clothing and accessories, not knitted or crocheted, totaling 2 months of imports. The company operates in the retail sale of clothing in specialised stores.

The company's website, Ashes Menswear Online, presents a well-established online retailer specializing in menswear. It boasts a wide range of brands, including Clae Footwear, London Matinique, and Psycho Bunny, alongside its own branded clothing. The site emphasizes free delivery over £80 and highlights new season products and wedding outfit inspiration. The website is very well designed and professional, with a clear focus on customer experience and a strong visual identity. It uses Wix.com to build the website.

Financially, Ashes Clothing Ltd shows concerning trends. Current assets have fallen by 11%, dropping to £28,000, while turnover has plummeted 49%, settling at £360. Net losses have deepened significantly, reaching -£80, a substantial shift from the previous year’s profit of £310. Bank borrowings have increased, and cash reserves have dwindled. The lack of employees (zero reported) suggests a lean operation, but the sharp decline in profitability raises questions about its sustainability. The company is exempt from an audit, so the figures are unaudited.

It seems like the company is struggling to maintain its previous levels of revenue, despite a professional online presence. The drop in turnover is a worrying sign, and the company will need to find ways to boost sales and manage its costs effectively.

Registered in England/Wales under the registration number 10549503, with a registered address at ST11 9AE, England, Stoke-On-Trent, 235 Uttoxeter Road, Draycott.

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