Club L (retail) Limited

Club L Retail Ltd, based in Manchester, UK, is a holding company with an active status, having been established eighteen years ago in 2007. Employing sixty-five people, the company operates from a real address and is managed by three directors and three owners, representing a family business with an e-commerce site. It regularly imports and exports clothing and accessories (not knitted or crocheted), with a substantial history of thirty-six months of imports and seventy months of exports.

The company's website, Club L London, is a vibrant online fashion retailer. It offers a wide range of dresses, jumpsuits, swimwear, and accessories, catering to various occasions—from weddings to everyday wear. The site emphasizes localized services, student discounts, and a code portal for easier returns. It’s clear that Club L is focused on providing a seamless online shopping experience, with a strong visual presence and frequent updates to its product offerings.

Financially, Club L Retail Ltd shows some concerning trends. While cash and cash equivalents increased by a significant 150% to £8.1 million, net assets decreased by 19% to £9.1 million. Creditors increased by 72% to £7.1 million, and bank borrowings surged by 2400% to £29,000. Trade debtors decreased by 890%, which could indicate challenges in collecting payments. The company’s net loss deepened to -£2.6 million. Despite these challenges, the company’s turnover remained relatively stable. The lack of an auditor mentioned suggests the company is exempt from an audit, meaning the financial statements are unaudited.

It’s possible that increased marketing spend or investments in the e-commerce platform contributed to the higher expenses. The surge in creditors could be a result of delayed payments from suppliers or an increased reliance on credit. While the company’s online presence is strong, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 06109979, with a registered address at M17 1FQ, England, Manchester, Building 1, Think Park Mosley Road, Trafford Park.

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