Mt Clothing Limited

Mt Clothing Limited, based in Lytham St. Annes, UK, is a small, active company established twelve years ago in 2012. With five employees and £2,020,753 in assets, it operates from a real address and is managed by two directors and two owners. The company primarily engages in retail sales through mail order and internet channels, and it's an irregular exporter, with its top export category being footwear and related items, exporting for two months with the last operation in May 2023.

The company’s website, MTCLOTHING, emphasizes a commitment to environmental and humanitarian issues, aiming to raise awareness among customers, particularly the younger generation. It positions itself as a brand that understands the importance of making a difference and encourages customers to be more open-minded to global matters. The website also showcases a Stockholm-based entity, MT Empires, which appears to be a separate business with a different focus.

Financially, Mt Clothing Limited presents a mixed picture. While current assets decreased by 7% to £2,000,000, creditors fell by 16% to £300,000, suggesting improved debt management. However, bank cash declined sharply by 87% to just £3,900, and net assets dropped 5.5% to £1,700,000. Trade debtors also decreased by 24% to £720,000. The company’s small size—meeting two of three criteria for being small—helps it stay nimble, but the significant drop in cash reserves raises concerns about its ability to meet short-term obligations. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company. It seems like they're burning through cash a little too fast.

Registered in England/Wales under the registration number 08250597, with a registered address at FY8 1SR, Lytham St. Annes, Lancs, 8 St. Andrews Road South, St. Annes On Sea.

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