Edv Clothing Ltd

Edv Clothing Ltd from London UK: a small company with an active status, was founded two years ago. It employs just two people and holds £9,057 in assets, operating from a virtual address. The company is led by two directors and two owners, and was started by a solo founder. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, Edv Clothing, showcases a members-only club alongside its product range. The site features a selection of clothing items, including oversized tees, hoodies, and swim shorts, with a focus on limited-edition releases and exclusive member perks. The use of a “Members Club” suggests a strategy to build customer loyalty and drive repeat purchases. The website has a clear ecommerce focus, with product listings, pricing, and a streamlined checkout process.

Financially, Edv Clothing Ltd’s report paints a mixed picture. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), its net assets are negative, standing at -£2,900. Cash reserves are also low at £170. Creditors increased slightly, reaching £13,000, and trade debtors are at £2,100. The company’s bank borrowings have increased, which could indicate a need for working capital. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

Overall, Edv Clothing Ltd appears to be a startup facing early-stage challenges. The focus on a members club and exclusive products shows promise, but the negative equity and low cash reserves suggest that the company is burning through money. The lack of employees could indicate a lean operation, but it also raises questions about the company’s ability to scale. It’s unclear whether the company can achieve profitability, but its niche focus and online presence could give it an edge in the competitive fashion market.

Registered in England/Wales under the registration number 14411855, 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.