Lincoln Apparel Limited

Lincoln Apparel Limited, based in Boston, UK, is a small, active company founded six years ago in 2019. It employs nine people and holds £443,649 in assets, operating from a virtual address shared by thirty-seven other companies – a little odd, really. The company is run by a solo founder and one director, Crowson Scott William. Lincoln Apparel is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import recorded one month ago.

The company’s website showcases a unique niche: Abraham Lincoln-themed clothing featuring vibrant, original artwork. These t-shirts, created by Chicago artist Chris Umhoefer, are sold at festivals across the Midwest and at select local bars in Chicago. The company emphasizes ethical production, with all garments made in the USA by fairly paid workers – a nice touch. Lincoln Apparel also seems to have a strong focus on building a legacy, reminding people of Lincoln’s vision and contributions.

Financially, Lincoln Apparel Limited is showing some concerning trends. While current assets increased slightly to £440,000, net assets plummeted 150% to -£160,000 – a significant drop. Bank borrowings also surged, reaching £66,000, and cash reserves fell 33% to £200. Creditors increased by 62%, and trade debtors decreased by 35%. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the substantial equity decline suggests it's burning through cash. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It's a bit worrying, really.

Registered in England/Wales under the registration number 11937369, with a registered address at PE21 8SX, England, Boston, 75 High Street.

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