Innocent Clothing Ltd.

Innocent Clothing Ltd, based in Glasgow, UK, is a small, active company founded 14 years ago. With 19 employees and £1,261,176 in assets, it operates from a real address and is managed by three directors and a single owner. The company runs an e-commerce site and regularly imports clothing and accessories made by knitting or crocheting (804 months) while exporting other clothing and accessories (72 months).

The company’s website showcases a wide range of alternative clothing, catering to various subcultures and styles. It acts as a wholesale supplier, offering brands like Heartless, Vixxsin, and Poizen Industries, and encourages registration for wholesale access. The site is well-organized, with clear product categories and a focus on online sales.

However, a review of the company’s financial data reveals some concerning trends. Net assets have fallen by 12%, dropping to £1,100,000, and current assets have decreased by 8.6% to £1,100,000. Cash reserves have also declined, falling 14% to £120,000. Trade debtors have seen a significant drop, down 25%, while creditors have increased by 30%. Bank borrowings have also decreased substantially, by 77%, to £1,500. The company’s small size (meeting two of three conditions for being a small company) helps it stay flexible, but the decline in equity suggests potential financial pressure. There is no auditor mentioned, which is common for small, exempt companies.

Despite these challenges, Innocent Clothing Ltd continues to operate and serve its niche market. The company’s focus on alternative fashion and wholesale distribution, combined with its online presence, suggests a continued effort to maintain its position in the industry.

Registered in Scotland under the registration number SC391730, with a registered address at G33 4DA, Glasgow, 15 Weardale Street, Queenslie Industrial Estate.

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