Label Menswear Ltd
- Small
- Active
- 5 years
- 1 employee
- £939,643 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Label Menswear Ltd, based in Bristol, UK, is a small, active company founded five years ago in 2020. It operates as an e-commerce site, importing clothing and accessories—excluding knitted or crocheted items—regularly, with 84 months of import activity recorded. With just one employee and a director who is also the owner and solo founder, the company holds £939,643 in assets. The registered address is a virtual address, shared by fifty other companies, which is something to note.
The company’s website showcases a wide range of designer menswear, offering items from brands like Stone Island, C.P. Company, and Alexander McQueen. It caters to a global customer base, with country regions listed from Afghanistan to Zimbabwe, and offers a variety of payment options. The site's design is clean and modern, emphasizing high-quality imagery and a user-friendly shopping experience. It's clear that Label Menswear Ltd is focused on providing a curated selection of premium menswear to a discerning audience.
Financially, Label Menswear Ltd presents a mixed picture. While current assets have increased significantly, reaching £940,000, trade debtors have also surged by a staggering 33,000%, amounting to £430,000. This could indicate a shift towards offering credit terms or potentially, challenges in collecting payments. Bank borrowings have decreased by 41%, settling at £5,700, which is a positive sign. However, creditors have increased dramatically, rising by 220% to £430,000, suggesting a greater reliance on supplier financing. Net losses deepened to -£23,000, and cash reserves fell 35% to £350,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased debt and losses raise questions about its long-term sustainability. As a small company, it is exempt from an audit, so the figures are unaudited. It seems that the company is growing quickly, but managing cash flow will be key to its future success.
Registered in England/Wales under the registration number 12384497, with a registered address at BS9 4PN, England, Bristol, Henleaze Business Centre, Harbury Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Noble Kieran Luke
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Noble Kieran Luke
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-02-06 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
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Confirmation statement made on 2024-02-06 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Label Menswear Ltd
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