First Apparel Limited

First Apparel Limited, based in Salford, UK, is a small, active company founded five years ago in 2019. It employs five people and holds £454,725 in assets. With a real registered address and a single director and owner, it’s a relatively lean operation. The business is a regular importer of clothing and accessories, not knitted or crocheted, with 11 months of import activity recorded, the last in August 2021.

The company's website, firstapparelco.com, presents a modern e-commerce experience. It offers free U.S. shipping and returns, and highlights gift cards and exchanges. The site’s clean design and focus on customer service—with a prominent "Contact us today" call to action—suggest a focus on online retail. The site’s simple layout and Shopify integration indicate a modern, digitally-driven business model.

Financially, First Apparel Limited shows a mixed picture. While cash reserves remain steady at £120,000, net assets are in the negative, sitting at -£14,000. Creditors have remained constant at £430,000, and trade debtors are at £88,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity raises questions. There’s no auditor mentioned, likely exempt as a small company, so the figures are unaudited.

The business appears to be burning through money, with losses outpacing assets. Whether this is typical startup turbulence or a longer-term challenge remains to be seen, but for now, First Apparel Limited is betting on its online presence and customer service to turn the tide.

Registered in England/Wales under the registration number 12274003, with a registered address at M6 6JW, England, Salford, Unit 3, Office A Langley Road, Langley Business Park.

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