Mosaic Clothing Limited

Mosaic Clothing Limited, based in Cardiff, UK, is a small, active company established 23 years ago. Currently employing three people, it holds assets of £-101,312, a concerning figure, and is overseen by a single director and owner, Pitloun Martin. The company’s status is overdue for confirmation by two months. It operates as an irregular importer, primarily bringing in clothing and accessories that aren’t knitted or crocheted, with the last import recorded over a year ago in July 2016.

The company's website, Mosaic Brands Ltd, showcases a broader range of activities beyond clothing retail. It highlights corporate responsibility, annual reports, and investor information, suggesting a more substantial business structure. The site also mentions a Board of Directors and Corporate Governance, implying a level of formality beyond a simple retail operation. The website also details a wholesale of clothing and footwear industries.

Financially, Mosaic Clothing Limited presents a mixed picture. Cash reserves increased by a modest 45% to £8,500, a positive sign. However, creditors decreased by 5.4% to £45,000, and current assets remain negative at -£100,000. Equity also sits at -£130,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the persistent negative equity and current assets raise concerns about its long-term financial health. The company’s accounts are unaudited, and the lack of a named auditor is consistent with its status as a small, exempt entity. It's clear that the company is burning through money, and the negative assets are a worrying trend.

Registered in England/Wales under the registration number 04394649, with a registered address at CF14 8LH, Cardiff, 04394649 - COMPANIES HOUSE DEFAULT ADDRESS.

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