Outwear Ltd

Outwear Ltd, based in Lockerbie, UK, is a small, family-run business with an active status, established seven years ago in 2017. The company employs six people and holds £1,357,912 in assets, operating from a real address in Scotland. With three directors and three owners, it’s a tight-knit operation. Outwear Ltd regularly imports clothing and accessories (excluding knitted or crocheted items), with 119 months of import activity recorded, the latest in February 2025. They also export headgear and accessories, with nine months of export activity, the most recent in July 2024.

The company’s website showcases a network of specialist brands, acting as the exclusive UK and Ireland importer and distributor for Pfanner (chainsaw safety clothing), Protos (safety helmets), Woolpower (base layers), Crispi (footwear), and Sasta (hunting/outdoor clothing). Their website is well-designed and focuses on wholesale distribution rather than direct consumer sales, with a strong emphasis on trusted brands and customer service. They even have a section for potential stockists and a partner login.

Financially, Outwear Ltd shows some concerning trends. While current assets increased by 20% to £1,400,000, net assets only rose 9% to £1,000,000. Bank borrowings increased significantly, and cash reserves fell 74% to £190,000. Creditors also jumped 67% to £360,000, suggesting potential cash flow pressures. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in creditors and decrease in cash warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited. Despite these challenges, the company’s focus on high-quality brands and strong distribution network could help it navigate these pressures.

Registered in Scotland under the registration number SC573514, with a registered address at DG11 2JA, Scotland, Lockerbie, Unit 2 Sydney Place.

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