Benetti Menswear Ltd

Benetti Menswear Ltd from London UK: a small, active company founded just three years ago in 2022, employs two people, and holds £538,849 in assets. It operates from a virtual address – forty-four companies are registered there – and is run by two directors and two owners, making it a family business with a perfect 5.0 Google rating based on eight reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with nineteen months of import activity recorded as of August 2024.

Benetti Menswear’s website showcases a wide range of tailored clothing, from suits and shirts to knitwear and outerwear, catering to both men and boys. The site features lookbooks, editorials, and a mix-and-match catalogue, highlighting its focus on style and versatility. It even offers a "Day Two" collection for post-wedding attire, suggesting a broader appeal beyond formal events. The website also has a blog with articles on black tie style and wedding suit trends, indicating a desire to engage customers and establish itself as a fashion authority.

Financially, Benetti Menswear Ltd shows a mixed picture. While cash reserves remain stable at £240,000, trade debtors increased by 14% to £150,000, suggesting potential issues with customer payments. Creditors also rose by 10% to £510,000, and depreciation charges increased, indicating investments in property and equipment. The company’s small size – meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – helps it remain agile, but the increase in debt warrants monitoring. The accounts are unaudited, as is typical for small companies, and the company is exempt from audit. With no auditor mentioned, the figures rely on director-reported data.

Overall, Benetti Menswear Ltd appears to be a well-regarded, family-run business with a strong online presence, but its financial performance suggests it’s navigating a competitive market and needs to carefully manage its debts.

Registered in England/Wales under the registration number 13929597, with a registered address at NW6 2EG, United Kingdom, London, C/O Goldwins Limited 75 Maygrove Road, West Hampstead.

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