Cg Retail Limited

Cg Retail Limited, based in London, UK, is a small, active company established 14 years ago. With four employees and £160,242 in assets, it operates from a real address and is overseen by two directors and two owners. The company is an irregular importer, primarily dealing in clothing and accessories made by knitting or crocheting, with recent import activity spanning just two months.

The company’s website highlights its focus on clothing design, manufacture, and supply. Cg Retail offers a bespoke design service, overseeing product development and offering production across a wide range of clothing types, from jeans to bras. It also provides a UK warehousing solution, offering flexible shipment options and even enabling ecommerce portals for individual business units. The website emphasizes sustainable and ethical practices, sourcing suppliers committed to employee relations and industry regulations. The company specializes in technical products across various sectors, including uniforms, workwear, medical textiles, and swimwear.

Financially, Cg Retail Limited presents a mixed picture. Cash bank on hand has dramatically decreased by 86%, dropping to £13,000, while bank borrowings have reduced by 33% to £15,000. Creditors have also decreased, suggesting better debt management, but debtors have surged by 180% to £160,000—potentially indicating delayed payments from customers. Equity has declined, but retained earnings have improved slightly. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The lack of a mentioned auditor is typical for a small, exempt company.

The significant drop in cash reserves and the rise in debtors are concerning, suggesting the company might be burning through cash faster than it’s receiving payments. However, the decrease in creditors and the focus on sustainable practices could be positive signs for long-term stability.

Registered in England/Wales under the registration number 07310321, with a registered address at NW8 7LG, England, London, 1 St. James Close.

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