Elite Merch Ltd

Elite Merch Ltd is a small, active company based in Bury St. Edmunds, UK, founded two years ago. It’s a solo venture, led by a single director and owner, with £11,389 in assets and a virtual address shared by 415 other companies. The business operates in the retail sale via mail order houses or via internet industries, specializing in custom embroidery printing.

The company’s website, Elite Clothing, showcases a wide range of products – polos, jackets, t-shirts, sweatshirts – all customizable with embroidery or printing. It’s clearly an e-commerce operation, with a focus on quality, easy ordering, and fast delivery. The site also features a blog and social media links, indicating an effort to engage with customers and build a brand. They offer a variety of services including embroidery, screen printing, and transfers.

Financially, Elite Merch Ltd presents a mixed picture. Cash bank on hand remains steady at £2,600, but creditors have remained constant at £21,000. Current assets are also steady at £11,000, while net assets show a loss of -£5,600. While the company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and less than 50 employees, the negative equity suggests it's burning through money. The lack of employees (zero reported) and the absence of an auditor (likely exempt as a small company) mean the figures rely on director-reported data.

Despite the negative equity, the company’s focus on custom apparel and its online presence suggest a potential for growth. Whether it can turn a profit remains to be seen, but for now, Elite Merch Ltd is betting on its niche market and online sales to stay afloat.

Registered in England/Wales under the registration number 14574504, with a registered address at IP28 7DE, England, Bury St. Edmunds, Suite A 82 James Carter Road, Mildenhall.

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