Reputation Menswear Limited

Reputation Menswear Limited, based in Southport, UK, is a small, active company established fifteen years ago. With four employees and £211,001 in assets, it operates from a virtual address – thirty-seven companies share the same location – and is led by two directors and one owner, Sykes Malcolm Edward. The business boasts a stellar 5.0 Google rating from 38 reviews and regularly imports clothing and accessories, not knitted or crocheted, with 22 months of import activity recorded up to September 01, 2023.

The company’s focus is retail sale of clothing in specialised stores, and it appears to operate solely online, with no website details available. This suggests a business reliant on wholesale or consignment sales, or perhaps a targeted marketing strategy.

Financially, Reputation Menswear Limited presents a mixed picture. While current assets increased by 19% to £210,000, net assets plummeted 91% to just £780. Cash bank on hand has fallen dramatically, decreasing by 91% to just £960. Trade debtors have increased significantly, rising by 410% to £35,000, which could indicate delayed payments or a shift towards credit sales. Creditors also increased by 12% to £160,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity is concerning. The company’s retained earnings and accumulated losses have also seen a dramatic decrease. No auditor is mentioned, which is typical for small, exempt companies.

The company’s financial data shows a concerning trend of burning through cash. While revenue may be steady, managing expenses and collecting debts promptly will be crucial for Reputation Menswear Limited's long-term survival. It's likely the company is facing some challenges, but its strong Google rating suggests it still provides good service.

Registered in England/Wales under the registration number 06915463, with a registered address at PR9 0QE, Southport, Merseyside, 30 Union Street.

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