Dripmodauk Ltd

Dripmodauk Ltd, based in Blackburn, UK, is a small, active company founded three years ago. With three employees and £879,868 in assets, it operates as a solo-founder venture with two directors overseeing its operations. The company’s core business revolves around an e-commerce site selling clothing and accessories, regularly importing these items—five months of activity recorded, with the latest in December 2024—but not knitting or crocheting. It's a real address, and the company operates in the retail sale via mail order houses or via internet industries.

The website, DripModaUK, showcases a wide range of brands like Merrell, Under Armour, and Nike, offering everything from trainers and jackets to sets and accessories. It emphasizes next-day delivery, up to 50% off discounts, and free delivery over £200, encouraging customer sign-ups for exclusive offers. The site’s layout is clean and modern, with a focus on visual merchandising and easy navigation, indicating a deliberate effort to create a user-friendly online shopping experience.

Financially, Dripmodauk Ltd presents a mixed picture. While current assets increased by a significant 130% to £880,000, net assets grew by a substantial 270% to £670,000. However, cash bank on hand decreased by 13% to £220,000, and creditors increased by 49% to £300,000. The company’s bank borrowings also increased, suggesting a need for external funding. The increase in trade debtors by 200% might indicate a shift towards offering more credit to customers. 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 rise in creditors warrants close monitoring. No auditor is mentioned, likely due to small company exemption.

Registered in England/Wales under the registration number 13677840, with a registered address at BB6 7NZ, United Kingdom, Blackburn, Lancashire, 23 Redwing Avenue, Great Harwood.

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