Revolve Clothing Limited
- Small
- Active
- 13 years
- 16 employees
- £437,681 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Revolve Clothing Limited, based in Wednesbury, UK, is a small, active family business established thirteen years ago in 2011. Employing sixteen people and holding £437,681 in assets, the company operates from a real address and is led by two directors and owners. It runs an e-commerce site and irregularly imports clothing and accessories made by knitting or crocheting, with its last import operation recorded one month ago. The company’s primary activities involve retail sale of clothing in specialised stores, and retail sale via stalls and markets of textiles, clothing and footwear.
While the company website is not available, the business appears to be focused on online retail, offering a range of clothing and accessories. The family ownership and focus on British craftsmanship are key elements of its brand.
Financially, Revolve Clothing Limited presents a mixed picture. Current assets remained steady at £440,000, while net assets increased by 17% to £310,000. Cash bank on hand, however, decreased by 7% to £200,000. Trade debtors significantly increased by 83% to £69,000, suggesting potential challenges in collecting payments. Creditors decreased by 47% to £80,000, indicating improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the increase in debtors warrants attention. With no auditor mentioned, the accounts are unaudited.
The company’s losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100. The increase in debtors warrants attention. Revolve Clothing Limited seems to be facing some financial pressures, but its focus on a niche market and family ownership could help it weather the storm.
Registered in England/Wales under the registration number 07743872, with a registered address at WS10 9JT, Wednesbury, West Midlands, 84 Walsall Road, Darlaston.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 2
-
Resident of United Kingdom
-
Individual
- 13 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 6 pages pdf report
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Confirmation statement made on 2024-08-17 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 6 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Revolve Clothing Limited
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