Race And Taylor Limited

Race And Taylor Limited, based in Brighton, UK, is a small, active company founded four years ago in 2020. It holds £3,287 in assets and operates an e-commerce site, with two directors and two owners managing its operations. The company’s registered address is real, with only two other companies registered there.

The company’s website, Race Taylor, focuses on apparel, specifically “Race One,” described as an “everyday essential” available for wholesale purchase. The site emphasizes a “want inspo?” section, encouraging visitors to view a lookbook and subscribe to updates. It’s clear the company is trying to build a brand identity around its clothing line, and the Shopify-powered site offers a standard e-commerce experience with shopping bag functionality and a focus on user engagement.

Financially, Race And Taylor Limited presents a mixed picture. Cash bank dropped significantly by 68%, down to £320, while creditors increased by 69%, reaching £9,800. Although current assets rose by 17% to £3,300, net assets declined by a substantial 92% to -£7,100. Trade debtors also decreased by 11%, suggesting improved collection efficiency. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity is concerning. The accounts are abridged and unaudited, and there’s no mention of an auditor.

Overall, Race And Taylor Limited appears to be a small e-commerce business navigating early-stage challenges. While the website and brand identity seem well-developed, the financial data suggests the company is burning through cash and relying heavily on credit. The directors have no intention of withdrawing support, but it will be interesting to see if they can turn the tide and achieve sustainable growth.

Registered in England/Wales under the registration number 12866244, with a registered address at BN1 1WN, United Kingdom, Brighton, 12a Marlborough Place.

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