Shot Clothing Limited

Shot Clothing Limited is a small, active company based in London, UK, founded just one year ago in July 2023. With £1,148,102 in assets and a real registered address, it employs fifteen people and is overseen by two directors and three owners. The company operates from Symes Mews, Camden High Street, a location shared by only one other business, suggesting a relatively low-profile presence.

The company's primary activities involve importing clothing and accessories (not knitted or crocheted) for a short period, and regularly exporting man-made filaments and related materials. It’s a niche business, focusing on these specific categories within the broader apparel and materials industries. The company’s website is currently unavailable, making it difficult to assess its online presence and direct sales channels.

Financially, Shot Clothing Limited presents a mixed picture. While current assets remain steady at £1,100,000, net assets have fallen to -£290,000. Bank borrowings have increased, reaching £640,000, and cash reserves are a modest £20,000. Creditors are at £940,000 within a year, suggesting a reliance on short-term financing. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial data is unaudited.

The significant negative equity suggests the company may be burning through cash, although the steady asset base indicates a stable inventory. The reliance on bank borrowings, while not unusual for a growing business, could pose a risk if sales don's increase. The lack of a visible online presence and the limited financial data make it difficult to fully assess the company’s long-term viability, but it’s clear that Shot Clothing Limited is navigating a challenging financial landscape.

Registered in England/Wales under the registration number 15001842, with a registered address at NW1 7JE, England, London, Symes Mews, 15a-37 Camden High Street.

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