Carmen Clothing Ltd

Carmen Clothing Ltd is a small, active company based in Birkenhead, UK, founded five years ago in 2020. With eight employees and £251,185 in assets, it operates from a real address and is led by a single director and owner, Rossi Mollie-may. The company is an irregular importer of clothing and accessories, not knitted or crocheted, with the last import operation made in November 2024. It’s a solo founder operation.

The company’s website, carmenboutique.it, is a vibrant online store catering to women, men, and children. It offers free shipping on orders over €99, a 14-day free return policy, and 48-hour delivery. The site boasts a wide range of brands, from Alberta Ferretti to Zara, and supports multiple currencies and countries. It’s a well-designed e-commerce platform with a focus on fashion and customer service.

Financially, Carmen Clothing Ltd shows some concerning trends. Accumulated depreciation has increased significantly, by 170%, indicating a need to invest in plant and machinery. However, the company has seen a substantial increase in cash bank on hand, up 310% to £190,000, which could be used to offset these costs. Trade debtors have decreased by 54%, suggesting improved collection of payments. However, net assets have fallen 61%, and bank overdrafts remain at £13,000. 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 stay nimble, but the decrease in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Carmen Clothing Ltd appears to be navigating a period of change. The increase in cash reserves is a positive sign, but the decrease in equity and the reliance on bank overdrafts suggest that the company is burning through money. The company’s success will depend on its ability to manage its finances and continue to attract customers to its online store.

Registered in England/Wales under the registration number 12612693, with a registered address at CH41 5LH, England, Birkenhead, 6 Abbots Quay, Monks Ferry.

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