Mywardrobehq Ltd

Mywardrobehq Ltd, based in London, UK, is a small, active company founded six years ago in 4018. It holds £489,785 in assets and operates from a virtual address, a detail highlighted by the fact that 1378 companies are registered at the same location. The company is led by three directors and has one owner, although this list may not be exhaustive. It functions as an irregular importer, primarily bringing in clothing and accessories that aren't knitted or crocheted, with just one month of import activity recorded as of November 2022.

The company’s website, Mywardrobehq, is a rental fashion platform. It’s a business that offers customers the chance to rent designer clothing and accessories, with a focus on sustainability and circularity. The site promotes a subscription model alongside rental and resale options, and it's currently hosting a pop-up event at Treehouse, London, in February 2025, in conjunction with London Fashion Week. The website is very clear about its offerings, with sections for women, men, and children, and a variety of collections like "The Wedding Edit" and "Race Ready." It also features a section for high-end brands like Chanel, Burberry, and Jacquemus.

Financially, Mywardrobehq Ltd presents a mixed picture. While current assets have increased by 22% to £490,000, net assets have decreased by 23% to -£1.5 million. Bank borrowings have been completely eliminated, which is a positive sign, but cash reserves have increased by 18% to £440,000. Trade debtors have risen significantly by 67% to £50,000, which could indicate a reliance on customer payments. 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 net loss raises concerns. The accounts are unaudited, as is common for small companies, and no auditor is mentioned.

Registered in England/Wales under the registration number 11431168, with a registered address at EC2A 4NE, England, London, 3rd Floor 86-90 Paul Street.

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