Dreadnought Apparel Ltd
- Small
- Active
- 2 years
- £8,091 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Dreadnought Apparel Ltd is a small, active company based in London, UK, founded just one year ago. The firm has £8,091 in assets and operates from a virtual address, a common characteristic of newer businesses. It’s a solo-founder operation, managed by a single director and owner. The company specializes in the retail sale of clothing, both through specialized stores and online.
The business’s website, while not explicitly detailed in the report, likely functions as an e-commerce platform, allowing customers to browse and purchase clothing items. It’s probable that the company focuses on a specific niche within the clothing market, given the competitive nature of online retail. The company’s small size—meeting two of three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for flexibility but also presents challenges in scaling.
Financially, Dreadnought Apparel Ltd’s numbers paint a picture of a company still in its early stages. Equity sits at a negative £3,900, indicating that the business is currently burning through money. Cash bank on hand is a modest £91, and creditors are a significant £12,000, suggesting a reliance on external financing. The company’s net current assets and liabilities are also negative, further highlighting financial strain. While the company has reported £8,000 in inventories, it’s unclear if this is enough to meet demand.
The lack of employees (zero reported) suggests a lean operation, likely managed primarily by the founder. With no auditor mentioned, the unaudited figures rely on director-reported data. It’s possible that the company is reinvesting heavily in its online presence and inventory, but the negative equity raises concerns about its long-term viability. The company's focus on retail sale of clothing, while a common industry, will require careful management to achieve profitability.
Registered in England/Wales under the registration number 14847754, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Sage Luke Michael
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Sage Luke Michael
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
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First Gazette notice for voluntary strike-offDownload 1 page pdf report
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Application to strike the company off the registerDownload 1 page pdf report
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Total exemption full accounts made up to 2024-05-31Download 7 pages pdf report
FAQ about Dreadnought Apparel Ltd
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