Ocean Blue Clothing Limited

Ocean Blue Clothing Limited, based in Wadebridge, UK, is a small, active company founded 22 years ago. With 13 employees and £449,708 in assets, it operates a virtual address and is led by two directors and a solo founder. The company runs an e-commerce site and regularly imports clothing and accessories, not knitted or crocheted, with 11 months of import activity recorded.

The company’s website showcases a network of three physical stores across North Cornwall – Polzeath, Wadebridge, and Padstow – and highlights a 15-year history of independent ladies clothing retail. Ocean Blue Clothing emphasizes a curated selection of wearable and functional trends, alongside a friendly and personal customer service experience. It’s planning to launch an e-newsletter to keep customers updated on new products and promotions.

Financially, Ocean Blue Clothing Limited presents a mixed picture. Current assets have decreased by 14%, falling to £450,000, while net assets have dropped 12% to £410,000. Bank borrowings have decreased by 35%, reducing to £1,300, and cash reserves have fallen by 24% to £250,000. Creditors have decreased by 20%, suggesting improved debt management. The company meets two of three criteria to be considered small – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The company’s equity has decreased by 12%, which could be a concern. There's no auditor mentioned, likely due to the company's small size.

Overall, Ocean Blue Clothing is facing some financial pressures, but its established retail presence and commitment to customer service provide a solid foundation. The company’s ability to adapt to changing trends and maintain its customer base will be key to its future success.

Registered in England/Wales under the registration number 04529268, with a registered address at PL27 7AL, Wadebridge, Cornwall, 1a Eddystone Road.

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