The Workers Club Limited

The Workers Club Limited, based in Didcot, UK, is a small, family-run business with an active status, founded ten years ago in 2014. With two employees and £79,263 in assets, it operates from a real address and is managed by two directors and two owners. The company runs an e-commerce site and regularly imports and exports clothing and accessories—not knitted or crocheted—with 8 months of import activity and 16 months of export activity. It’s a small company, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, The Workers Club, showcases a unique “Made to Order” offering. Customers can collaborate with artisans to design bespoke clothing, choosing styles, fabrics, and details. The site highlights a focus on quality, personalization, and timeless design, with sections dedicated to outerwear, jeans, knitwear, and accessories. It also features a lifestyle section with curated items like vinyl records and homeware, suggesting a broader appeal beyond just clothing. The company has a showroom in London, and it’s clear they’re aiming for a premium, curated experience.

Financially, The Workers Club Limited shows a mixed picture. While current assets increased by 27% to £79,000, net assets decreased by 72% to -£250,000. Bank borrowings increased by 46% to £6,900, and cash reserves increased by a significant 340% to £15,000. Creditors decreased by 32% to £22,000, suggesting improved debt management. The company’s small size helps it remain flexible, but the equity decline is concerning. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s debts are a little high, but the increase in cash is a good sign.

The company appears to be burning through money, but the increase in cash reserves suggests they’re managing their finances effectively. The focus on bespoke, high-quality clothing and lifestyle products could be a strategy to attract a loyal customer base and improve profitability—although it will be interesting to see if this is enough to turn the company around.

Registered in England/Wales under the registration number 09042222, with a registered address at OX11 9PB, Didcot, Oxfordshire, Gatehouse Studio London Road, Blewbury.

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