More Clothing Ltd

More Clothing Ltd, based in Leicester, UK, is a small, active company founded eight years ago in 2017. It employs five people and holds £243,501 in assets, operating from a virtual address shared by seventy-nine other companies. The business is led by two directors and a single owner, Mitha Zulfikar Issak. It regularly imports clothing and accessories made by knitting or crocheting, with five months of import activity recorded, the latest in January 2024. It also exports clothing and accessories, not knitted or crocheted, though this is less frequent, with only one month of export activity in November 2022.

The company's website, More UK Limited, reveals a broader manufacturing operation. It operates manufacturing facilities in Leeds, Vietnam, and China, specializing in high-quality, ethically made ladieswear. The website boasts over a decade of experience and emphasizes a diverse range of products using trend-lead fabrics and trims. It’s clear that More Clothing Ltd is more than just a retailer; it’s a manufacturing and supply chain business with a global footprint.

Financially, More Clothing Ltd presents a mixed picture. While current assets increased by 13% to £240,000, equity decreased by 7% to £50,000. Bank borrowings decreased by 30% to £47,000, and cash reserves fell by 26% to £88,000. Creditors, however, increased significantly, with "within one year" creditors ballooning by 5200% to £66,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the large increase in short-term creditors suggests potential cash flow pressures. The unaudited figures, coupled with the lack of a named auditor, mean the full picture is somewhat unclear.

Registered in England/Wales under the registration number 10547181, with a registered address at LE5 3QN, England, Leicester, Unit C ( 1st Floor Offices ) 122, Bridge Road.

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