Oldfield Clothing Ltd

Oldfield Clothing Ltd is a small, active company based in Dereham, UK, founded eight years ago in 2016. With £206,652 in assets and a real registered address, it’s a family-run operation with four directors and one owner. The company operates an e-commerce site selling vintage-inspired clothing for both men and women, emphasizing British-made designs and slow, meticulous production. It’s a small business, meeting two of three criteria for being considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company is an irregular importer, bringing in headgear and accessories, with the last import activity recorded in December 2022. It's also an irregular exporter, specializing in clothing and accessories made by knitting or crocheting, with the most recent export in December 2024. The website, Oldfield Outfitters, showcases a range of classic styles, from shirts and trousers to knitwear and outerwear, all inspired by vintage patterns from the 1920s, 30s, and 40s. They even have a section dedicated to vintage luggage and accessories.

Financially, Oldfield Clothing Ltd shows some interesting trends. Accumulated depreciation has increased by 20%, suggesting investment in equipment, but bank borrowings have remained steady. Cash bank on hand has increased by 17%, which is a positive sign. However, corporation tax payable has risen significantly by 330%, which could be a concern. Creditors have decreased by 9.2%, which is good for managing debt. The company’s small size allows for flexibility, but the increase in corporation tax and the relatively low cash reserves warrant attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Oldfield Clothing Ltd appears to be navigating the challenges of a small, niche business. The focus on quality, British craftsmanship, and vintage style seems to resonate with customers, but the company will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 10162062, with a registered address at NR20 5BX, England, Dereham, The Old Rectory Pinfold Lane, Hindolveston.

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