First Corporate Clothing Limited

First Corporate Clothing Ltd from London UK: a small, active company established 26 years ago, employs 19 people, and holds £1,465,073 in assets. It’s a real address with three directors and two owners, operating an e-commerce site and boasting a stellar 5.0 Google rating from seven reviews. The company is an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of May 2016.

The company’s website, firstcorporateclothing.co.uk, showcases a vast selection of workwear, business attire, and healthcare uniforms. It offers bespoke tailoring, branding options, and online ordering—catering to a wide range of industries. The site prominently features several brands, including First Corporate, Brook Taverner, and Disley, and highlights its commitment to British manufacturing. A section dedicated to "Made in Britain" underscores the company's support for local production.

Financially, First Corporate Clothing Ltd demonstrates a mixed picture. Current assets decreased by 5.5% to £1,500,000, while net assets remained relatively stable at £780,000. Bank borrowings increased significantly by 52% to £240,000, and cash reserves fell 100% to just £120. Creditors decreased by 6.7%, suggesting improved debt management. 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 agility, but the sharp decline in cash reserves is a concern. No auditor is mentioned, likely due to the company’s exemption as a small entity, so the figures are unaudited.

Overall, First Corporate Clothing Ltd appears to be navigating a challenging environment. While its e-commerce platform and brand partnerships show promise, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 03667081, with a registered address at W2 1HY, London, London, 10 London Mews.

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