Guide Clothing Limited

Guide Clothing Ltd, from Loughborough, UK, is a small, family business with an active status, celebrating 37 years since its founding in 1988. Employing 22 people, the company holds £1,588,566 in assets and operates from a virtual address – a point worth noting as twenty-four companies share the same registration address. With three directors and two owners reported, Guide Clothing Ltd runs an e-commerce site and enjoys a stellar 5.0 Google rating based on two reviews. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 380 months of import activity and 52 months of export activity.

The company's website, Guide London, showcases a range of menswear, focusing on patterned shirts, formal jackets, and chinos. It's a vibrant online store with a strong emphasis on design and trends, offering a wide selection of shirts, tops, and outerwear. The site is well-designed and easy to navigate, with clear product categories and a user-friendly shopping cart. It also features a blog with style tips and trend updates, demonstrating a commitment to engaging with customers beyond just sales.

Financially, Guide Clothing Ltd’s report shows some interesting trends. Current assets increased by 40% to £1,600,000, while net assets increased by 21% to £1,400,000. Bank borrowings decreased by 57% to £7,500, and cash reserves decreased by 67% to £43,000. Creditors increased by 77% to £530,000, which could indicate increased reliance on trade credit. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain flexible. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The significant increase in trade debtors, rising 160% to £1,100,000, is a point to watch. It suggests either a shift towards offering more credit to customers or potentially some difficulties in collecting payments. The decrease in cash reserves, while concerning, could be a result of increased investment in inventory or marketing to support growth. Overall, Guide Clothing Ltd appears to be a healthy, growing business, though it’s important to monitor the trends in trade debtors and cash flow.

Registered in England/Wales under the registration number 02249030, with a registered address at LE12 7TZ, United Kingdom, Loughborough, Leicestershire, Charnwood Accountants The Point, Granite Way, Mountsorrel.

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