Olive Clothing Limited

Olive Clothing Limited is a small, active company based in Cheltenham, UK, founded eleven years ago in 2013. With £1,280,262 in assets and fourteen employees, it operates from a real address within a business park. Two directors and two owners—Moore Ji and Moore Rohan—lead the family business. The company regularly imports and exports clothing and accessories, excluding knitted or crocheted items, with 633 months of import activity and 15 months of export activity recorded. It's a wholesale and retail operation, selling through its website and potentially other channels.

The company’s website, Olive Contemporary Lifestyle, showcases a range of clothing and accessories for women and men, including tops, dresses, knitwear, outerwear, and footwear. It emphasizes a contemporary aesthetic and offers worldwide delivery, secure payments, and a simple returns policy. The site also features a section dedicated to jewellery, including sterling silver collections. It's clear the company is focused on direct-to-consumer sales through its online store.

Financially, Olive Clothing Limited is facing some challenges. Current assets have decreased by 33%, dropping to £1,300,000, while net assets have plummeted 64%, falling to £440,000. Cash reserves have also taken a hit, decreasing by 41% to £860,000. Bank borrowings have increased, and trade creditors have risen significantly by 18%. Despite these declines, the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may allow it to adapt. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

The company’s focus on online sales and contemporary fashion suggests a modern approach, but the financial data indicates a period of adjustment. Whether Olive Clothing Limited can weather these pressures and continue its growth remains to be seen, but the family ownership and commitment to quality may provide a foundation for future success.

Registered in England/Wales under the registration number 08529775, with a registered address at GL51 8HF, United Kingdom, Cheltenham, Unit 11d St George's Business Park, Alstone Lane.

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