Graduation Attire Limited

Graduation Attire Limited is a small, active company based in Bedford, UK, founded eleven years ago in 2013. With £1,501,335 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Lewis Martin Arthur. The business operates an e-commerce site specializing in graduation attire, offering a wide range of caps, gowns, hoods, and accessories for various academic levels. It regularly imports clothing and accessories, not knitted or crocheted, with 45 months of import activity recorded, the latest in November 2024. It also exports these items for three months, with the last export operation in September 2024.

The company’s website, GraduationAttire.com, is a comprehensive online store catering to students and institutions. It offers customizable options, school-specific designs, and a variety of accessories, including stoles, sashes, and honor cords. The site emphasizes fast shipping, secure ordering, and a wide selection to meet diverse graduation needs. The website has a lot of categories, and a lot of products.

Financially, Graduation Attire Limited shows some concerning trends. Accumulated amortisation impairment intangible assets increased by 50%, while accumulated depreciation impairment property plant equipment jumped a staggering 600%. Bank borrowings decreased by 15%, and cash reserves fell 17% to £680,000. Creditors increased by 22%, and total assets less current liabilities rose by 41%. It’s a small company, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The company’s net assets increased by 55%, which is a good sign. There's no auditor mentioned, likely exempt as a small company.

The company’s decline in average number of employees, from 84 to 61, is a notable shift. It could be a response to economic pressures or a strategic move to streamline operations. The increase in creditors suggests a need to manage supplier relationships more closely, and the decrease in cash reserves warrants attention. Overall, while Graduation Attire Limited maintains a solid online presence and caters to a specific market, its financial performance indicates a need for careful management and strategic adjustments.

Registered in England/Wales under the registration number 08607640, with a registered address at MK41 9SS, Bedford, 119 Wendover Drive.

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