Fabb Fashion Ltd
- Small
- Active
- 11 years
- £94,770 (assets)
- Real address
- 2 directors
- 2 owners
- E-commerce
- Rating 5.0 (2)
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
Phones
Summary
Fabb Fashion Ltd, based in Newark, UK, is a small, active company founded eleven years ago. With £94,770 in assets and a real address, it’s a family-run operation with two directors and owners. The company operates an e-commerce site and enjoys a perfect 5.0 Google rating based on two reviews.
The website, fabbfashion.co.uk, specializes in selling vintage used jeans. It's not just a retail site; it’s a conscious effort to combat textile waste. The site offers hand-picked jeans, emphasizing quality and sustainability. Customers can find Levi's, Diesel, and Gstar jeans, with a focus on affordability and eco-friendliness. The site also features a blog with tips on finding the perfect pair of jeans and spotlights on popular vintage brands.
Financially, Fabb Fashion Ltd shows some concerning trends. Current assets decreased by 28% to £95,000, and net assets dropped by 34% to £52,000. Cash reserves fell significantly by 44% to £44,000. Bank borrowings, however, declined by 21% to £24,000, and creditors increased by 98% to £60,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decrease in equity is a point of concern. No auditor is mentioned, which is typical for small companies.
The company’s reliance on vintage jeans, while trendy, might make it vulnerable to changing fashion tastes. The increase in creditors suggests the company may be struggling to manage its short-term obligations. It's possible the company is reinvesting in inventory to meet demand, but the decrease in cash reserves warrants closer monitoring.
Registered in England/Wales under the registration number 08740502, with a registered address at NG24 2TJ, England, Newark, 19 Youngs Close, Coddington.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Jankus Dainius
- 4 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Jankiene Rasa
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Jankus Dainius
- 4 years
-
Resident of United Kingdom
-
Individual
- Jankiene Rasa
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-09-30 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 7 pages pdf report
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Confirmation statement made on 2023-09-30 with no updatesDownload 3 pages pdf report
FAQ about Fabb Fashion Ltd
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