Retro Activewear Limited

Retro Activewear Ltd, based in Brentwood, UK, is a small, active company founded nine years ago in 2015. With 22 employees and £403,750 in assets, it operates from a virtual address and is led by one director and owner. The company is an irregular importer of clothing and accessories made by knitting or crocheting (2 months imported) and a regular exporter of the same (9 months exported). It’s a wholesale business, specializing in printing services and garment fulfillment, with a strong presence in the music, sports, fashion, film, gaming, and licensing industries.

The company’s website highlights its capabilities in screen printing, digital printing (using a Kornit Storm Hexa), processing and packing, and even sourcing. It offers print-on-demand services, integrating with popular e-commerce platforms, and caters to both wholesale clients and those seeking custom t-shirt printing. It’s a pretty big operation, capable of printing up to 80,000 garments per week.

Financially, Retro Activewear Ltd shows some concerning trends. Current assets have fallen by 23% to £400,000, while net assets have declined by 17% to £280,000. Cash reserves have grown by a respectable 63% to £86,000, but trade debtors have also decreased by 27%, which could indicate payment issues. Creditors have decreased by 21%, which is a positive sign, but other remaining borrowings have also decreased by 27%. 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 decline in net assets warrants attention. As a small company, it is exempt from an audit.

Overall, Retro Activewear Ltd seems to be navigating a period of change. While the company's website and services suggest a robust operation, the financial data indicates some pressures. The growth in cash reserves is encouraging, but the company will need to address the decline in net assets to ensure long-term financial health.

Registered in England/Wales under the registration number 09581077, with a registered address at CM13 1AB, England, Brentwood, Essex, Create Business Hub, Ground Floor 5 Rayleigh Road, Hutton.

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