Outfitz Limited

Outfitz Limited is a small, active company based in Ashton-Under-Lyne, UK, founded six years ago in December 2018. The company, a solo founder operation with one director and one owner, holds £22,810 in assets and employs just one person. It operates from a real address and is registered as a private limited company.

The business specializes in wholesale and retail of clothing and footwear, including online sales. Its website highlights "Authentic, Quality, and Affordable Fashion," suggesting a focus on e-commerce and direct-to-consumer sales. The company’s online presence showcases a range of clothing items, appealing to fashion-conscious consumers seeking value.

Financially, Outfitz Limited presents a mixed picture. Cash bank on hand has decreased significantly by 77% to £4,800, while current assets have seen a modest increase of 5.4% to £23,000. However, creditors have risen by 7.4% to £26,000, and debtors have skyrocketed by 2000% to £18,000 – a very large jump. Equity is down 22% to -£3,500, indicating accumulated losses. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the negative equity and rising debts suggest a need for careful financial management. The accounts are unaudited, as is typical for small companies.

While the company's online presence suggests a focus on fashion retail, the financial data reveals a challenging period. The sudden increase in debtors could be due to a few large orders, but it's something to keep an eye on.

Registered in England/Wales under the registration number 11742076, with a registered address at OL6 6QR, England, Ashton-Under-Lyne, 81 Stamford Square.

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