Charlie Mcleod Limited

Charlie Mcleod Limited, based in Banbury, UK, is a small, active family business established eleven years ago. With two employees and £239,298 in assets, it operates from a virtual address shared by fifty-three other companies, a fact that raises some questions. The company, owned by Alfandary Edward and Alfandary Simon, is managed by the same two directors, and runs an e-commerce site specializing in sports clothing and accessories. It regularly imports clothing and accessories—not knitted or crocheted—with the last import occurring in December 2021, and occasionally exports headgear and accessories, with the last export in October 1992.

The company’s website, Charlie McLeod, showcases a range of innovative products designed for post-exercise recovery, including the Sports Cloak, Driathlon onesies, and vacuum-insulated bottles. It caters to athletes and outdoor enthusiasts, emphasizing performance and convenience. The site’s design and branding suggest a focus on quality and British craftsmanship, with a clear commitment to customer satisfaction.

Financially, Charlie Mcleod Limited presents a mixed picture. Current assets have decreased by 19% to £240,000, while bank borrowings have decreased by 34% to £11,000. Creditors have decreased by 57% to £52,000, and trade debtors have increased by 1000% to £110,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant decrease in equity raises concerns. The unaudited figures, without an auditor mentioned, rely on director-reported data.

The company’s trade debtors have increased significantly, which could indicate a need for improved credit control or a shift towards offering more credit to customers. While the company's e-commerce site appears to be active and well-designed, the financial data suggests it's facing some challenges. Whether it can sustain its growth and profitability remains to be seen.

Registered in England/Wales under the registration number 08811832, with a registered address at OX16 9BE, Banbury, Oxfordshire, Penrose House, 67 Hightown Road.

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