Braggs Clothing Ltd

Braggs Clothing Ltd, based in Barnet, UK, is a small, active company founded 22 years ago. With 23 employees and £447,865 in assets, it operates from a virtual address and is managed by three directors and two owners, earning a respectable 4.0 Google rating from 39 reviews. The company is an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of imports recorded as of September 2017.

The company’s website, Braggs Schoolwear, caters specifically to schools, offering a wide range of uniform items and accessories for both primary and secondary students. Categories are neatly organized by school name, making it easy for parents to find the correct uniform. The site also features a selection of non-branded schoolwear, sports wear, stationery, and accessories. The website clearly aims to be a one-stop shop for school uniform needs, with an emphasis on convenience and a comprehensive selection.

Financially, Braggs Clothing Ltd shows some concerning trends. While current assets increased slightly to £450,000, net assets experienced a dramatic drop of -740%, settling at just £19,000. Bank borrowings surged by 39%, reaching £150,000, while cash reserves remained relatively stable at £34,000. Creditors decreased by 47%, which is a positive sign, but the significant equity decline suggests the company may be burning through cash. 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 drop in equity raises questions about its long-term sustainability. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 04458208, with a registered address at EN5 5JG, England, Barnet, Hertfordshire, Rear Of 17 Plantagenet Road.

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