Brethren Apparel Ltd

Brethren Apparel Ltd, based in Pyrford, UK, is a small, family-run business with an active status, having been founded eleven years ago in 2013. The company employs just two people and holds £49,104 in assets, operating from a virtual address shared by fifteen other companies. Two directors and two owners manage the business, which specializes in retail sale of clothing in specialised stores. They’re irregular importers of clothing and accessories made by knitting or crocheting (two months of imports) and occasionally export clothing and accessories that aren’s knitted or crocheted (one month of exports).

The company's website, Brethren Apparel, is a vibrant online store showcasing a range of streetwear and outerwear, with a focus on snowboarding and snow sports apparel. The site highlights custom merchandise, particularly hoodies and jackets, and features collaborations with brands like PLSR Mag and UWE Snowsports. They offer free shipping over £100 and cater to EU deliveries via a retailers tab. The website is well-designed and includes a blog, customer testimonials, and a newsletter signup form.

Financially, Brethren Apparel Ltd has experienced some turbulence. Current assets have fallen by 26% to £49,000, while net assets have plummeted 38% to -£45,000. Bank borrowings have decreased by 21%, and cash reserves have dropped a significant 64% to £17,000. Trade debtors have increased dramatically by 930%, suggesting a potential issue with customer payments or a shift in credit terms. 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 decline in equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Despite these financial pressures, Brethren Apparel Ltd appears to be maintaining a strong brand identity and customer base through its online presence and focus on niche snow sports apparel. The company’s ability to adapt and innovate will be crucial for its long-term success, and it’s clear they’re betting on quality merchandise and customer loyalty to weather the storm.

Registered in England/Wales under the registration number 08668623, with a registered address at GU2 8BQ, England, Guildford, 42 Hillview Crescent.

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