Remade With Hope Limited

Remade With Hope Ltd from Rickmansworth UK: a small company with an active status, was founded eight years ago in 2016. It employs eight people and holds £1,047,834 in assets, operating from a real address and managed by five directors and one owner. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with five months of import activity and nine months of export activity recorded.

The company’s core purpose, as outlined on its website, is to tackle the environmental challenge of unwanted clothing from high street retailers. It provides prisoners with training and employment opportunities, utilising contract workshops to sort, repair, and ship these items to developing countries. It also offers a secure and socially conscious disposal solution for retailers, debranding products to prevent counterfeiting. Beyond its core business, Remade With Hope Ltd supports various charitable initiatives, including work with Syrian refugees and ex-servicemen.

Financially, the company’s recent performance presents a mixed picture. While fixed assets have seen a significant increase, cash reserves have plummeted by 87%, dropping to just £26,000. Debtors have risen dramatically, increasing by 110%, which could indicate challenges in collecting payments. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility. The unaudited accounts, prepared by Lee Accounting Services 2018 Limited, don't mention an external auditor. Despite these pressures, Remade With Hope Ltd’s commitment to social impact and its unique business model—combining prisoner rehabilitation with waste reduction—suggests a resilience that could help it navigate these challenges.

Registered in England/Wales under the registration number 10427727, with a registered address at WD3 1ER, Rickmansworth, Herts, 26 High Street.

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