Messina Hembry Clothing Ltd

Messina Hembry Clothing Ltd from Colchester UK: a small, active company founded ten years ago, employs eighteen people, and holds £1,074,366 in assets. It operates from a virtual address, managed by two directors and two owners, and runs an e-commerce site with a solid Google rating of 4.0 based on 306 reviews. The company regularly imports various textile products, sets, used clothing, and rags, with 17 months of import activity recorded.

The company’s website, Messina Hembry, showcases a wide range of vintage clothing for men, women, and children. It offers a diverse selection of brands, from Adidas and Nike to Ralph Lauren and Hugo Boss, with dedicated sections for sportswear, designer luxury items, and casual lifestyle wear. The site also features a wholesale section, targeting other retailers with used clothing at competitive prices. It’s clear the company is aiming to cater to a broad customer base with a focus on retro and vintage styles.

Financially, Messina Hembry Clothing Ltd presents a mixed picture. Current assets decreased by 11% to £1,100,000, while net assets remained steady at £800,000. Bank borrowings decreased by 70%, reaching £10,000, and cash reserves dropped by 21% to £74,000. Creditors also decreased, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the decrease in cash reserves might indicate a need for careful financial planning. The company is exempt from an audit, so the figures are unaudited.

Overall, Messina Hembry Clothing Ltd appears to be a well-established e-commerce business with a strong online presence. However, the decrease in cash reserves warrants attention, and the company will need to continue monitoring its financial performance to ensure long-term sustainability.

Registered in England/Wales under the registration number 09221824, with a registered address at CO1 1TG, England, Colchester, Essex, The Octagon Suite E2, 2nd Floor, Middleborough.

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