Memzclothing Ltd

Memzclothing Ltd is a small, active company based in Liverpool, UK, founded just one year ago in August 8, 2023. With £7,170 in assets and a real registered address, it's a solo-founded operation run by a single director and owner, Bagmaci Mehmet. The business operates an e-commerce site selling resort shirts, jeans, cargo pants, and other clothing items.

The company’s website, memzclothing, showcases a range of stylish apparel with a focus on resort wear and smart casual looks. It offers free delivery and emphasizes a curated selection of clothing, aiming to provide a modern and accessible fashion experience. The site includes a blog, Instagram feed, and payment options like Apple Pay, suggesting a commitment to a contemporary online retail presence.

Financially, Memzclothing Ltd presents a picture of a very early-stage business. Current assets are reported at £7,170, while net assets are a modest £560. Bank borrowings are a small £100, and cash reserves are also a low £100. Creditors are £6,500, indicating some reliance on trade credit. The company employs zero people, and its small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. With no auditor mentioned (exempt as a small company), the unaudited figures rely on director-reported data.

The company's financial data suggests it's burning through cash, with losses likely. The reliance on trade credit and low cash reserves could be a concern. However, the active e-commerce site and focus on a specific niche—stylish resort wear—indicate a potential for growth. It's a young company, and its future success will depend on its ability to attract and retain customers, manage its finances effectively, and adapt to the ever-changing fashion landscape.

Registered in England/Wales under the registration number 15057971, with a registered address at L1 4JR, England, Liverpool, 137 Duke Street.

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