Spirit Clothing 2000 Limited

Spirit Clothing 2000 Limited, based in London, UK, is a small, holding company with an active status, established eighteen years ago. The company employs sixteen people and holds assets valued at £2,764,858. With two directors and one owner, it operates from a real address and regularly imports and exports clothing and accessories, excluding knitted or crocheted items (507 months of imports and 7 months of exports).

The company functions as a leading women's wear supplier to major high street retailers. Its website highlights a focus on fabric, print, and style innovation, delivering quality garments at competitive prices. It also boasts a second-generation family business with a London pattern room and sales office, alongside a hub office in Vietnam overseeing development and delivery. The company’s website indicates a focus on bespoke design and sampling services, with a showroom in Harrods.

Financially, Spirit Clothing 2000 Limited shows some concerning trends. Cash bank on hand has decreased significantly by 78%, dropping to £120,000. Creditors have risen substantially by 84%, reaching £2.3 million, while debtors have increased by 53% to £1.9 million. Equity has also declined by 10%, settling at £440,000. Average number of employees has increased by 31% to 21. The company meets the criteria to be classified as small, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. There is no auditor mentioned in the financial data, which is typical for small companies.

Despite the rising creditors and declining equity, the company’s focus on innovation and established relationships with major retailers suggests a potential for continued success. The increase in employees could indicate expansion, but the drop in cash reserves warrants careful monitoring. The company’s strong presence in both the UK and Vietnam positions it well for future growth, but managing its financial health will be crucial.

Registered in England/Wales under the registration number 05801285, with a registered address at SE1 4NA, England, London, Unit 17, The Pavilion Empire Square West, 34 London Lane.

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