Clarksons (petergate) Limited

Clarksons Petergate Ltd from North Yorkshire UK: a small company with an active status, was founded 19 years ago. It employs nine people and holds £377,201 in assets, operating from a real address and managed by one director and owner. The business runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 63 reviews. It’s a regular importer of clothing and accessories, not knitted or crocheted, with four months of import activity recorded.

The company, based in York, operates a menswear shop with a long history, originally opened in 1946. While its core business involves retail, the website showcases a broader range of products, including tweed suits, cotton blazers, and Cheaney boots. It also offers accessories like ties, braces, and cufflinks. The business has expanded into ladies' accessories and even collaborates with Edinburgh-based companies for bags and purses. The website's product slider highlights various brands and styles, indicating a diverse inventory.

Financially, Clarksons Petergate Ltd shows a mixed picture. Current assets decreased by 2.4% to £380,000, while net assets also fell by 3.7% to £140,000. Bank borrowings remained steady at £170,000. Creditors decreased by 7.5%, suggesting improved debt management. 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 decrease in equity warrants attention. The company is exempt from an audit as a small company.

The company's financial data shows a decrease in employee numbers from nine to eight. This, coupled with a significant increase in other taxation and social security payable, suggests potential cash flow challenges. The increase in future minimum lease payments under non-operating leases, rising by 270%, could also be a concern, though it’s important to note that the company’s overall financial position remains stable, and the decrease in trade debtors indicates better management of customer payments.

Registered in England/Wales under the registration number 05727082, with a registered address at YO1 7HP, North Yorkshire, 33 High Petergate, York.

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