Fashion Business Limited

Fashion Business Limited is a small, active company based in Leeds, UK, established seven years ago in 2017. With a single employee and £192,697 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports headgear and accessories, with 37 months of import activity recorded, the latest in July 2024.

The company's website showcases a curated selection of luxury menswear from established and emerging designers. It’s a pure e-commerce operation, with no mention of a physical store. The site features brands like 101 Copenhagen, Boris Bidjan Saberi, and Maison Margiela, catering to a high-end clientele. The website also has a blog with articles on fashion trends and designer spotlights.

Financially, Fashion Business Limited presents a mixed picture. Current assets have decreased by 8.8% to £190,000, while net assets have increased by 12% to £160,000. Cash bank on hand has seen a dramatic increase of 300%, reaching £7,000. However, creditors have decreased significantly by 45%, and trade debtors have increased by a staggering 5700%. 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 increase in debtors could indicate payment issues. The accounts are unaudited, a common exemption for small companies.

The company’s reliance on e-commerce and designer brands suggests a focus on a niche market. While the increase in cash reserves is encouraging, the rise in debtors warrants close monitoring.

Registered in England/Wales under the registration number 10864229, with a registered address at LS8 2QB, England, Leeds, Farthings, Springwood Gardens.

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