Reform Clothing Limited

Reform Clothing Limited, based in Belfast, UK, is a small, active company founded four years ago. Employing 22 people and holding assets of £1,841,193, it operates from a real address and is managed by six directors and one owner. The company functions as an irregular importer of clothing and accessories, not knitted or crocheted, with its last import operation occurring one month ago in December 2021.

The company’s website showcases a custom apparel business, primarily targeting groups like schools, sports teams, and companies. It offers a wide range of products, including puffer jackets, hoodies, and windbreakers, with a focus on personalization and group identity. The site emphasizes a "Design Lab" where customers can create their own designs, and it highlights a seven-week delivery timeframe. The website also details the company's history, dating back over a decade, and references partnerships with well-known brands.

Financially, Reform Clothing Limited presents a mixed picture. While cash reserves increased by 55% to £1.6 million, net assets declined significantly by 94%, falling to £8.3 million. Bank borrowings have skyrocketed by a staggering 13,000%, reaching £3.4 million, and trade creditors have also increased. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for agility. The company’s fixed assets have increased by a substantial 6,700%, though this could reflect investments in new equipment or infrastructure. The company is exempt from an audit, so the figures are unaudited.

It’s clear that Reform Clothing Limited is navigating a period of change, with increased borrowing potentially fueling expansion or reflecting increased operational costs. The company's focus on custom apparel and group identity suggests a niche market, but the financial data indicates a need for careful management to ensure long-term stability.

Registered in Northern Ireland under the registration number NI674281, with a registered address at BT1 5EF, United Kingdom, Belfast, C/O A&L Goodbody, 42-46 Fountain Street.

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