Future Brands Limited

Future Brands Group, based in Watford, UK, is a small, active company established fourteen years ago in 2010. Employing fourteen people and boasting assets of £17,646,209, it operates from a real address and is led by three directors and two owners, with a solo founder at its core. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with a long history of import activity (474 months) and nine months of export activity.

Future Brands Group functions as a wholesale platform for independent global designers, offering a curated selection of handbags, footwear, and accessories. Its website showcases brands like Jelavu, Oryany, and Saint G, emphasizing unique designs and global craftsmanship. The site also features a "Future World" section, highlighting emerging brands and offering a range of styles, from Australian fashion to modest wear. A key feature is its extensive currency converter, supporting a wide range of international buyers.

Financially, the company’s recent report reveals some interesting trends. Cash reserves increased significantly by 140% to £14 million, a positive sign, but trade debtors decreased by 67%, falling to £2.7 million—suggesting a possible slowdown in customer payments. Net assets increased by 3.2% to £16 million, and while creditors decreased by 5.3%, other creditors increased by 190% to £790,000. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the decrease in debtors is something to watch. The report doesn’t mention an auditor, which is likely due to its status as a small company.

Overall, Future Brands Group appears to be navigating a complex global market, leveraging its platform to connect independent designers with international buyers. While the decrease in debtors is a concern, the strong cash position and growing asset base suggest a company with potential, even if it's experiencing some turbulence.

Registered in England/Wales under the registration number 07438779, with a registered address at WD24 4PR, United Kingdom, Watford, Hertfordshire, Unit 1, Colonial Business Park, Colonial Way.

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