Riva Menswear Ltd

Riva Menswear Ltd from Warrington UK: a small, active company founded 18 years ago, employs 13 people, and holds £314,423 in assets. It’s a family business with three directors and two owners, operating an e-commerce site and maintaining a 5.0 Google rating from eight reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with 82 months of import activity recorded.

The company’s website showcases a wide range of menswear, from shirts and trousers to outerwear and footwear, featuring brands like A Fish Named Fred, Boss, and Paul Shark. It’s clearly focused on retail sales, with a user-friendly online store and a focus on customer service. There are also physical stores located in Stockton Heath, Bramhall, and Knutsford.

Financially, Riva Menswear Ltd presents a mixed picture. Current assets have decreased by 16% to £310,000, while net assets have fallen by 13% to £180,000. Bank borrowings have also decreased, dropping 48% to £22,000. Creditors have decreased by 13%, suggesting improved debt management. 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 it to remain flexible, but the decline in equity raises concerns. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Riva Menswear Ltd appears to be navigating a challenging environment. While its online presence and brand partnerships are strong, the financial data suggests a need for careful management and a focus on profitability. The company’s long-standing presence in the market and its family-run nature, however, provide a solid foundation for future growth.

Registered in England/Wales under the registration number 06095798, with a registered address at WA4 6NJ, England, Warrington, Cheshire, 21 Walton Road, Stockton Heath.

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