Roco Clothing Limited

Roco Clothing Ltd from Manchester UK: a small, active company founded twelve years ago, employs twenty people, and holds assets of £1,873,731. It’s a real address with two directors and one owner, running an e-commerce site and boasting a Google rating of 4.0 from 114 reviews. The company regularly imports clothing and accessories (excluding knitted or crocheted items) – 205 months of imports recorded – and has exported for four months.

The company operates in the wholesale of clothing and footwear, and the retail sale via mail order houses or via internet. Its website showcases a wide range of products, from boys’ suits and flower girl dresses to prom outfits and accessories, catering to various occasions like weddings, christenings, and parties. It even has a dedicated section for sustainable dress collections and a price promise, highlighting its commitment to quality and affordability. The website’s layout is well-organized, with clear categories and a user-friendly search function.

Financially, Roco Clothing Ltd shows some concerning trends. Current assets have decreased by 6.6% to £1.9 million, while net assets have also fallen by 1.7% to £470,000. Bank borrowings have significantly decreased by 16%, dropping to £310,000, and cash reserves have plummeted 74%, leaving just £6,900. Creditors have also decreased by 2.8%, which could indicate improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 100 employees. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Roco Clothing Ltd appears to be facing some financial headwinds, despite its strong online presence and positive customer reviews. The decrease in cash reserves and the slight decline in assets are worth monitoring, but the company's small size and agility could help it navigate these challenges.

Registered in England/Wales under the registration number 08271795, with a registered address at SK1 1EB, Stockport, Cheshire, Bv Corporate Recovery&Insolvency Services Limited, 7 St Petersgate.

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