Neo-concept (uk) Limited

Neo Concept Uk Ltd from London UK: a small, active company established 24 years ago in 2000, employs 19 people and holds £822,045 in assets. It’s a real address with three directors and one owner, a solo founder. The company regularly imports clothing and accessories made by knitting or crocheting – a total of 210 months of import activity, with the latest in January 2025. It also exports clothing and accessories, but not knitted or crocheted, for seven months, again with the latest activity in January 2025.

The company's website, NeoConcept Group, paints a picture of a much larger operation. It’s a global business focused on sustainable fashion, emphasizing innovation, collaboration, and a commitment to eco-friendly practices. The site highlights a circular economy approach, interactive strategy, and a team of experienced professionals. It's a B2B operation, offering services to apparel corporations and focusing on building a sustainable future for fashion. The website is well-designed, with a focus on visual appeal and a clear message of quality and responsibility. It’s a one-stop service apparel corporation.

Financially, Neo Concept Uk Ltd presents a mixed picture. While current assets increased by a respectable 37% to £820,000, net assets decreased by 8.8% to -£1.7 million. Bank borrowings remained stable, and cash reserves grew by 13% to £480,000. Trade debtors saw a massive increase of 430%, suggesting potential issues with customer payments, or perhaps an expansion of credit terms. Creditors also increased by 9.2% to £2.7 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The significant decrease in equity, despite increased assets, raises questions about the company’s long-term financial health. Perhaps it’s a consequence of increased investment in its global operations, or maybe it’s a sign of underlying financial pressures. It's difficult to say for sure, but the trend warrants closer attention.

Registered in England/Wales under the registration number 04049642, with a registered address at EC1V 7DB, United Kingdom, London, 1st Floor 88 Goswell Road.

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