Marfa Stance Ltd

Marfa Stance Ltd, a small company based in London, UK, has been active for six years. With nine employees and £2,510,303 in assets, it operates an e-commerce site specializing in the retail sale of clothing in specialised stores. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 238 months of import activity and 253 months of export activity recorded. It has a real address, is run by one director and two owners, and was founded on May 30, 2018.

The company's website, MarfaStance.com, showcases a range of outerwear, accessories, and modular clothing systems—allowing customers to build and customize their own looks. It also highlights collaborations with artists like Mickalene Thomas and features a "Muse" section showcasing stylish individuals. The site offers international shipping and emphasizes quality and design. There are several pop-up stores, including one in New York City.

Financially, Marfa Stance Ltd has experienced some significant shifts. Accumulated amortisation and impairment for intangible assets have increased, particularly in computer software and development costs. Bank borrowings have risen substantially, increasing by 270%, reaching £1.8 million, while cash reserves have jumped 160% to £780,000. Creditors have also increased, rising by 49% to £1.6 million. However, debtors have decreased by a large 64%, suggesting a potential issue with customer payments. The company’s average number of employees has increased by 44% to 13. Despite these changes, the company's net assets still show a decline of 63% to -£930,000. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Marfa Stance Ltd appears to be navigating a period of growth and change, with increased borrowing and a shift in financial performance. The company's focus on modular design and collaborations suggests a commitment to innovation and a desire to stand out in a competitive market.

Registered in England/Wales under the registration number 11388381, with a registered address at W10 5AD, England, London, 3.15 Grand Union Studios 332 Ladbroke Grove.

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