Friends Of Fashion Ltd

Friends Of Fashion Ltd from Stockport UK: small company, holding company, active status, founded 4 years ago, 1 employee, £288,089 assets, real address, 1 director, 1 owner. Regular importer of clothing and accessories, not knitted or crocheted (50 months imported). It’s a small, active company based in Stockport, UK, founded in June 2020. The company holds £288,089 in assets and operates from a real registered address. With one director and one owner, and just one employee, it’s a compact operation. The business regularly imports clothing and accessories, not knitted or crocheted, with 50 months of import activity recorded, the latest in February 2025.

The company’s website, Fob, appears to be a simple online store, though it's difficult to determine the exact nature of its operations without further investigation. It’s not clear if it’s primarily an e-commerce business or if it supports other activities. The site's minimal design suggests a focus on efficiency and direct sales, rather than elaborate marketing or branding.

Financially, Friends Of Fashion Ltd presents a mixed picture. Current assets have surged by a staggering 290,000%, reaching £290,000, while net assets have plummeted by 470,000%, settling at -£470,000. Bank borrowings have remained steady, and cash reserves are a modest £100. Creditors have also remained stable at £760,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant equity drop is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s retained earnings and accumulated losses are also negative.

In short, Friends Of Fashion Ltd is facing some financial challenges. The rapid increase in assets, combined with the large net loss, suggests the company may be burning through cash. The lack of employees, while keeping costs down, also limits its capacity for growth. It’s unclear whether the company can sustain its current trajectory, but its holding company status suggests it may be part of a larger group with resources to draw upon.

Registered in England/Wales under the registration number 12673319, with a registered address at SK4 5BF, England, Stockport, Units 4f & 4g, Crossley Park, Crossley Road.

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