Global Tailor Limited

Global Tailor Ltd, based in Eastbourne, UK, is a small holding company with an active status, having been incorporated 21 years ago in November 2003. The company employs 18 people and holds assets valued at £1,786,366. With a real address and a single director and owner, it operates as a regular importer and exporter of clothing and accessories, excluding knitted or crocheted items, with 642 months of import activity and 228 months of export activity recorded.

The company’s website, Global Tailor, positions itself as a global force in affordable fashion, serving over 60 countries with its four digital-first brands: Dobell, MyTuxedo, Avail London, and Loch Hart. Dobell offers smart wear, MyTuxedo specializes in formal wear, Avail London focuses on performance suiting, and Loch Hart blends tweed with modern style. The website highlights a focus on shared resources, unique customer values, and a team of “smart thinkers” who embrace change and innovation. The company operates ten global stores and has a presence in over ten territories.

Financially, Global Tailor Ltd shows some concerning trends. Cash bank on hand has plummeted by a staggering 93%, falling to just £29,000. Bank borrowings have increased by 41%, reaching £280,000, while trade debtors have decreased by 41% to £140,000. Creditors have also decreased by 9.5%, which is a positive sign. The company’s net assets have increased by 8.8% to £1,800,000. Intangible assets have decreased significantly by 63%, and property plant and equipment has remained relatively stable. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The sharp decline in cash reserves, combined with increased borrowing, suggests Global Tailor Ltd may be burning through money faster than it’s generating revenue. However, the decrease in creditors indicates improved debt management. It's possible the company is investing heavily in growth or facing temporary challenges.

Registered in England/Wales under the registration number 04964527, with a registered address at BN22 9AD, England, Eastbourne, East Sussex, 23 Marshall Road.

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