Status Menswear Limited

Status Menswear Ltd, based in Leamington Spa, UK, is a small, active company established twelve years ago. With five employees and £1,053,558 in assets, it operates from a real address and is overseen by two directors and a single owner. The business boasts a strong Google rating of 4.0 from 53 reviews and regularly imports clothing and accessories, not knitted or crocheted, with 104 months of import activity recorded.

The company’s website showcases a curated selection of menswear, emphasizing a personalized styling experience. Customers can benefit from over 60 years of combined styling and fitting expertise, and alterations are available onsite. A focus on accessories and a strong social media presence—with links to Instagram, Twitter, and Facebook—suggest a modern retail approach. The website also lists opening hours, contact information, and gift card availability.

Financially, Status Menswear Ltd presents a mixed picture. While current assets remained stable at £1,100,000, profit and loss declined by 30%, falling to £140,000. Cash bank on hand decreased by 17%, dropping to £300,000. Creditors, however, significantly reduced by 33%, indicating improved debt management. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the decrease in profits warrants attention. Bank borrowings increased, and trade debtors rose by 41%, which could indicate a reliance on credit or delayed customer payments. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Status Menswear Ltd appears to be navigating a competitive market. While its strong customer service and curated selection are assets, the declining profits and increased borrowing suggest a need for careful financial management.

Registered in England/Wales under the registration number 08083300, with a registered address at CV32 4RR, Leamington Spa, Warwickshire, 81 Warwick Street.

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