Martin Pryke Tailoring Limited

Martin Pryke Tailoring Limited, based in Forest Row, East Sussex, is a small, family-run business with an active status. Founded twenty years ago in 2004, it employs just two people and holds £56,321 in assets. The company operates from a virtual address – thirty-one companies registered at the same location – and is overseen by three directors and two owners. It’s a regular importer of clothing and accessories, not knitted or crocheted, with six months of import activity recorded, the last in June 2023.

The company's core business is retail sale of clothing in specialised stores. It’s a tight-knit operation, and the website doesn’t offer much beyond basic contact information. It’s a bit unclear what the company’s online presence looks like, but it seems to focus on traditional tailoring services.

Financially, Martin Pryke Tailoring Limited shows a mixed picture. Current assets have decreased by 22% to £56,000, and net assets have fallen by 58% to £310. Bank borrowings have decreased by 10%, and cash reserves have dropped 53% to £7,000. Creditors have decreased by 16%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Martin Pryke Tailoring Limited is facing pressures. It’s a small, traditional business navigating a changing retail landscape. Whether it can sustain its operations long-term remains to be seen.

Registered in England/Wales under the registration number 05215426, with a registered address at RH18 5AA, East Sussex, Yew Tree House, Lewes Road, Forest Row.

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