Marathon Clothing Uk Limited
- Small
- Active
- 5 years
- 6 employees
- £29,711 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular 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
Marathon Clothing Uk Limited is a small, active company based in Leicester, UK, founded five years ago in 2020. It employs 25 people and holds £59,171 in assets, operating from a virtual address. The company is run by a solo founder and director, Esa Zunaid Ibrahim, and features an e-commerce site. It’s an irregular importer, bringing in clothing and accessories made by knitting or crocheting for a couple of months, with the last import activity recorded in February 2022. The company operates within the manufacture of other wearing apparel and accessories n.e.c. industries.
The company’s website, themaronclothing.com, is a vibrant online store showcasing a wide range of apparel, accessories, and even music content. It features new releases, t-shirts, hoodies, tracksuits, and more, catering to a fashion-conscious audience. The site’s design is modern and visually appealing, with a focus on unique graphics and limited-edition drops. It’s clear that Marathon Clothing is aiming to build a strong brand identity and cultivate a loyal following.
Financially, Marathon Clothing Uk Limited presents a mixed picture. Average number of employees during the period has dropped significantly by 76%, from 25 to just 6. Cash bank on hand has completely disappeared, falling 100% to zero. Current assets have also plummeted, decreasing by 58% to £59,000. Bank borrowings have increased, with overdrafts rising 61% to £16,000. Debtors have ballooned by 410%, reaching £53,000, which could indicate issues with customer payments. Creditors have decreased by 15%, suggesting some improvement in managing liabilities. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in cash and equity (-170%) raises concerns. The unaudited figures, combined with the lack of an auditor mentioned, rely heavily on director-reported data.
Overall, Marathon Clothing Uk Limited is navigating a challenging financial landscape. While its e-commerce presence is strong and its brand appears to be building momentum, the company needs to address its declining cash reserves and manage its debt effectively to ensure its long-term sustainability.
Registered in England/Wales under the registration number 12436209, with a registered address at LE3 5GF, England, Leicester, 50 Woodgate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
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Compulsory strike-off action has been discontinuedDownload 1 page pdf report
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Compulsory strike-off action has been suspendedDownload 1 page pdf report
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Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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