Coops Clothing Ltd

Coops Clothing Ltd, based in Ongar, UK, is a small, active company founded four years ago in November 2020. With £37,253 in assets, a real address, and a solo founder who also serves as director and owner, it's a lean operation. The company operates in the retail sale via mail order houses or via internet industries, and is an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of November 2022.

The company’s website, while not actively selling, provides a glimpse into its operations. It appears to focus on online retail, with a potential focus on sourcing and distributing clothing items. While a full-fledged e-commerce site isn't apparent, the domain suggests a focus on online sales.

Financially, Coops Clothing Ltd presents a mixed picture. Current assets decreased by 2.4% to £37,000, while net assets plunged 57% to -£12,000. Bank borrowings remain steady at £49,000, and cash reserves are a modest £750. Creditors also increased by 7.8% to £49,000. 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 remain nimble, but the significant equity decline raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Coops Clothing Ltd is facing financial headwinds. The company's irregular import activity and reliance on online retail suggest a focus on niche markets, but the declining equity and modest cash reserves indicate a need for careful management. It’s a small business navigating a competitive landscape, and its long-term success will depend on its ability to adapt and innovate.

Registered in England/Wales under the registration number 13050226, with a registered address at CM5 0SF, England, Ongar, 15 Cannons Lane, Fyfield.

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