Special Wear Uk Limited

Special Wear Uk Ltd from Hemel Hempstead UK is a small, holding company with an active status, established 24 years ago in 2000. The company employs 20 people and holds £1,472,551 in assets, operating from a virtual address. It’s led by one director and one owner, and enjoys a perfect 5.0 Google rating based on 13 reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with 160 months of import activity recorded.

The company’s website paints a picture of a dedicated outsourced uniform department, boasting over 20 years of experience. They offer a comprehensive service, from initial consultation and design to assembly, customisation, and delivery – all tailored to meet client needs. They even offer carbon offsetting and CSR initiatives. The website highlights a focus on building long-term relationships and providing exceptional customer service, with a team of experts ready to assist. The company operates in the other business support service activities n.e.c. industries.

Financially, Special Wear Uk Ltd’s recent performance shows some concerning trends. Cash bank on hand has fallen significantly by 55%, dropping to £820,000, while net assets have also plummeted 62%, down to £450,000. Creditors have decreased by 26%, which is a positive sign, but the sharp decline in equity and the increase in bank borrowings (although not quantified) suggests the company is burning through cash. The company meets two of three criteria to be classified as small, with a turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. The number of employees has also fallen considerably, dropping 55% to just nine. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite these challenges, Special Wear Uk Ltd’s strong Google rating and focus on customer service indicate a loyal client base. The company's ability to adapt and maintain its position in the competitive uniform supply market will be key to its future success.

Registered in England/Wales under the registration number 04050114, with a registered address at HP1 3AH, Hemel Hempstead, Hertfordshire, 87a High Street, The Old Town.

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