Fratello Clothing Limited

  • Small
  • Active
  • 6 years
  • Confirmation overdue 2 months
  • 2 employees
  • £15,115 (assets)
  • Real address
  • 2 directors
  • 2 owners
  • Irregular importer
  • Family business
  • E-commerce
  • Rating 5.0 (3)

Field of Operation

Retail sale of clothing in specialised stores
47710 33061 companies

Website

Social media

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Summary

Fratello Clothing Limited, based in Liverpool, UK, is a small, family-run business with an active status. Founded six years ago in 2019, it employs just two people and holds £15,115 in assets. The company operates from a real address and is managed by two directors and owners. It’s an e-commerce site with a stellar 5.0 Google rating from three reviews. They are an irregular importer, with their top import category being clothing and accessories made by knitting or crocheting, totaling 1 month of imports, the last operation conducted on June 01, 2021.

The company’s website, FratelloClo, showcases a range of apparel, including new arrivals, t-shirts, hoodies, and tracksuits, all available for online purchase. The site emphasizes free delivery on orders over £80 and features a clean, modern design. It appears to be focused on a younger demographic, with branding centered around the "Champions 24 25" theme, likely referencing Liverpool Football Club. The site also offers membership perks, like a 10% discount on first orders.

Financially, Fratello Clothing Limited presents a mixed picture. Accumulated depreciation increased by 50% to £960, while cash bank on hand rose by 47% to £1,600. However, creditors decreased by 3.2% to £28,000, and current assets remained flat at £15,000. Equity declined by 2.6% to -£12,000, indicating a reliance on debt financing. 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 negative equity suggests a need for careful cash management. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s reliance on debt and negative equity are a concern, but the strong Google rating and active e-commerce presence suggest a loyal customer base. It’s clear that the company is working hard to build its brand and generate sales, but it will need to manage its finances carefully to ensure its long-term success.

Registered in England/Wales under the registration number 11907155, with a registered address at L3 8HL, England, Liverpool, C/O Does Liverpool The Tapestry, 68-76 Kempston Street.

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

Owners & PSC

  • 6 years
  • 25%+
  • 6 years
  • 25%+

Managers

Student
Rigger

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. First Gazette notice for compulsory strike-off
  2. Unaudited abridged accounts made up to 2024-03-31
  3. Confirmation statement made on 2024-03-26 with no updates
See all events

Importer profile by HS codes

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Last imported products

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