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)
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
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
-
Individual
- 6 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
-
Resident of United Kingdom
-
Individual
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
-
Unaudited abridged accounts made up to 2024-03-31Download 7 pages pdf report
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Confirmation statement made on 2024-03-26 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Fratello Clothing Limited
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