Thrifted Limited

Thrifted Limited is a small, active company based in Grays, UK, founded seven years ago in December 2017. The e-commerce business, Thrifted.com, operates as a curated online vintage clothing store, employing 21 people and holding assets of £503,942. It's a solo founder operation, managed by a single director and owner, Kemp Jonathan. The company’s real address is registered at 3 Cliffside Trade Park, Motherwell Way, and operates in the retail sale via mail order houses or via internet industries.

The website showcases a wide range of vintage brands like Nike, Carhartt, Adidas, and Dickies, emphasizing a commitment to sustainable fashion. It highlights the company's mission to combat fast fashion by offering pre-loved clothing and promoting circularity. The site also features a blog discussing the importance of sustainable practices and the impact of fast fashion on the environment.

Financially, Thrifted Limited presents a mixed picture. While current assets remained relatively stable at £500,000, equity took a hit, decreasing by 12% to £390,000. Bank borrowings increased significantly, jumping to £17,000, and cash reserves were down 8% to £58,000. Trade creditors also rose by 53%, reaching £150,000, suggesting increased reliance on supplier credit. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

The increase in bank borrowings and the decrease in cash reserves could indicate that the company is investing in growth or facing temporary cash flow challenges. The rise in trade creditors suggests a need to manage supplier relationships effectively. Despite these challenges, the company’s focus on sustainable fashion and its curated selection of vintage clothing position it well in a growing market.

Registered in England/Wales under the registration number 11116145, with a registered address at RM20 3XD, England, Grays, Essex, 3 Cliffside Trade Park, Motherwell Way.

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