E Clothing Ltd

E Clothing Ltd is a small, active company based in Manchester, UK, founded six years ago in 2018. It’s a solo founder operation with two employees and holds £153,852 in assets. The company operates an e-commerce site and has one director and owner, Holmes Keeley. Its registered address is real, with only one other company registered at the same location.

The company’s website, Sidemen Clothing, is a popular online retailer selling a range of apparel and accessories, particularly hoodies, t-shirts, and sportswear. The site prominently features collaborations with influencers and focuses on streetwear-inspired designs. It uses cookies for statistical and marketing purposes, offering users the option to accept only essential cookies. The website is a fully functioning e-commerce platform with worldwide shipping available and a focus on free UK shipping over £100.

Financially, E Clothing Ltd shows some concerning trends. Cash bank on hand decreased by a significant 51%, falling to just £1,500. Bank borrowings also decreased by 36%, down to £15,000, but creditors increased by 78% to £170,000 within a year. Net assets also decreased by 4.9% to -£26,000. While trade debtors increased by 62%, suggesting potentially delayed payments, the decrease in cash and increase in creditors suggests the company may be burning through money. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the declining equity is a cause for concern. The accounts are unaudited, likely due to the company’s small size, so the figures rely on director-reported data.

Overall, E Clothing Ltd appears to be a growing e-commerce business facing some financial pressures. The popularity of its Sidemen Clothing brand suggests potential for future success, but the company will need to manage its cash flow and debt effectively to sustain its growth.

Registered in England/Wales under the registration number 11320824, with a registered address at M40 8BB, United Kingdom, Manchester, Unit 16 Carrioca Business Park 2 Sawley Road, Miles Platting.

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