Outfit Clothing Limited

Outfit Clothing Limited, based in Leicester, UK, is a small, active company founded eight years ago in January 2017. Employing eleven people, it holds £422,279 in assets and operates from a virtual address shared by 125 other companies. A single director and owner steer the business, which regularly imports clothing and accessories made by knitting or crocheting – a total of 176 months of import activity recorded, the latest in February 2025. The company’s website is not available, so it’s difficult to determine the exact nature of its operations.

The company operates in the wholesale of textiles industries, and is a regular importer. While it’s a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s clear that it’s a focused operation.

Financially, Outfit Clothing Limited shows a mixed picture. Current assets decreased by 13% to £420,000, while net assets increased by 41% to £160,000 – a positive sign. Bank borrowings remained steady at £8,900, and cash reserves increased by 2.6% to £72,000. However, creditors decreased by 27% to £300,000, and trade debtors decreased by 15% to £330,000. The increase in equity suggests improved profitability, but the decrease in debtors could indicate slower customer payments. The company is exempt from an audit, so the financial information is unaudited.

The sharp increase in depreciation for motor vehicles and plant machinery, alongside a decrease in employees from eleven to eight, suggests the company may be investing in equipment while streamlining its workforce. It's difficult to say if this is a long-term strategy or a short-term adjustment.

Registered in England/Wales under the registration number 10589004, with a registered address at LE3 5GF, United Kingdom, Leicester, 50 Woodgate.

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