Selection Corporate Clothing Limited

Selection Corporate Clothing Ltd is a small, active company founded 30 years ago in 1994. Based in London, it employs 19 people and holds £2,725,360 in assets. It’s a family business with four directors and three owners, operating from a virtual address where forty other companies are registered. The company has a Google rating of 3.0 based on nine reviews. Selection Corporate Clothing regularly imports and exports clothing and accessories, not knitted or crocheted, with 386 months of import activity and 738 months of export activity recorded.

The company’s website, selectioncorporateclothing.co.uk, showcases a wide range of corporate workwear, uniforms, and safety clothing for various industries. While it doesn's appear to be a fully-fledged e-commerce site—it’s more of a catalogue with contact information—the focus is on providing tailored solutions for businesses. They offer branding options, bulk discounts, and a personal account manager. It’s clear they’re targeting businesses looking to outfit their employees with professional and functional clothing.

Financially, Selection Corporate Clothing Ltd presents a mixed picture. Current assets increased by 3.3% to £2,700,000, while net assets grew by 30% to £1,100,000. Bank borrowings decreased by 11% to £350,000, and cash reserves fell by 51% to £110,000. Creditors decreased by 24%, which is a positive sign. The company meets the criteria for a small company—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is exempt from a full audit. The lack of a mention of an auditor is typical for a small company.

The increase in net assets is encouraging, suggesting improved profitability. However, the decrease in cash reserves should be monitored. The company’s focus on corporate clients and bulk orders likely contributes to its financial stability, but the virtual address raises questions about overhead costs. Overall, Selection Corporate Clothing Ltd appears to be a stable, albeit small, business—but keeping an eye on cash flow will be important for its continued success.

Registered in England/Wales under the registration number 03002749, with a registered address at W2 1HY, 10 London Mews, London.

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