Indigo Raw Clothing Ltd

Indigo Raw Clothing Ltd is a small, holding company based in Blackburn, UK, with an active status. Founded five years ago in 2020, it employs eight people and holds £1,159,410 in assets. The company has two directors and two owners, and operates from a real address. It’s a regular importer of clothing and accessories made by knitting or crocheting, with 28 months of import activity recorded, and an irregular exporter with just one month of export activity.

The company’s website showcases a wide range of motorcycle clothing and gear, including jackets, trousers, footwear, and helmets, catering to both men and women. It features various brands like Spada and Kinetic Pro Scooter, and offers a range of services like an extended warranty and a learner bundle. The site also includes a blog with articles on motorcycle safety and care. It’s clearly focused on e-commerce, with a user-friendly interface and a variety of payment options.

Financially, Indigo Raw Clothing Ltd’s report reveals a concerning trend. Cash bank on hand has plummeted by a massive 94%, dropping to just £23,000. Creditors have skyrocketed by 390%, reaching £1,500,000, and other creditors have increased by 740% to £1,400,000. Trade debtors have ballooned by a staggering 6,200%, reaching £1,100,000. Equity has also taken a hit, dropping 520% to -£340,000. While the number of employees has increased slightly by 12%, the substantial rise in liabilities suggests the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited statements.

The company’s increased debt and decreasing cash reserves raise questions about its financial health. While it’s a regular importer, the limited export activity and the sharp increase in liabilities suggest the company is struggling to generate enough revenue to cover its expenses.

Registered in England/Wales under the registration number 12518283, with a registered address at BB1 3HD, England, Blackburn, Unit B2, Crabtree Street.

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