Thom Sweeney Retail Ltd

Thom Sweeney Retail Ltd, based in London UK, is a small, active company established a decade ago in 2014. Employing seventeen people and holding £7,439,573 in assets, it operates from a real address and is managed by four directors and two owners. The company regularly imports and exports clothing and accessories, excluding knitted or crocheted items, with a history of 391 months of imports and 94 months of exports. It’s a limited company, and the directors acknowledge their responsibilities under the Companies Act.

Thom Sweeney is a luxury menswear brand known for bespoke tailoring and ready-to-wear collections. Its website showcases a wide range of clothing, from knitwear and shirts to outerwear and shoes, catering to a sophisticated clientele. The site emphasizes seasonal collections, wedding attire, and workwear edits, along with a dedicated section for bespoke tailoring services and trunk shows. The company has recently expanded internationally, opening new locations in Miami and Los Angeles, demonstrating a commitment to global reach.

Financially, Thom Sweeney Retail Ltd presents a mixed picture. While net assets increased by 140%, reaching £4,200,000, cash reserves significantly decreased by 340%, falling to £1,100,000. Bank borrowings increased by 26%, reaching £750,000, and trade debtors rose by 65%, suggesting potential challenges in collecting payments. Creditors, however, decreased by 18%, indicating improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant equity drop warrants closer attention. The company’s accounts are unaudited, likely due to its status as a small company. The increase from amortisation charge for intangible assets remained constant at £35,000, and depreciation for property plant equipment was also constant at £150,000.

Registered in England/Wales under the registration number 09274747, with a registered address at W1S 3AU, United Kingdom, London, 24c Old Burlington Street.

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