Tuff Workwear Ltd

Tuff Workwear Ltd, based in Barnsley, UK, is a small, family-run business with an active status. Founded fourteen years ago in 2011, it employs twenty-three people and holds £652,767 in assets. With two directors and owners, and a real registered address, the company operates an e-commerce site specializing in custom sportswear and team kits. It regularly imports clothing and accessories made by knitting or crocheting (four months of import activity) and exports clothing and accessories that aren’s knitted or crocheted (fifteen months of export activity).

The company’s website, Tuff Sportswear, caters to sports teams and clubs, offering personalized kits, accessories, and teamwear. It provides a range of services, including bespoke branding, fitting services, and a digital mockup service—all without set-up costs. The site boasts a wide selection of products, from Rothwell Harriers bobble hats to custom-branded sportswear, and even offers gift cards. The site’s blog provides useful information about teamwear and safety equipment.

Financially, Tuff Workwear Ltd shows a mixed picture. Current assets have increased by 22%, reaching £650,000, while net assets have risen by 28%, reaching £420,000. However, bank borrowings remain steady at £4,000, and cash reserves have increased significantly by 77%, reaching £250,000. Trade debtors have decreased by 12%, suggesting better collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in other creditors—up 7.8%—could indicate growing operational expenses. No auditor is mentioned, which is typical for a small company exempt from an audit.

The company’s significant increase in net losses, from -£10,000 to -£23,000, is a worrying sign. It’s possible that the company is investing heavily in marketing and sales to grow its customer base, or that it’s facing increased competition in the sportswear market. It’s also possible that the company is experiencing some operational inefficiencies that are driving up costs. It's a bit concerning, but the increase in cash reserves suggests that the company has some financial buffer to weather any short-term challenges.

Registered in England/Wales under the registration number 07522092, with a registered address at S75 2RG, Barnsley, South Yorkshire, 105 Redbrook Road.

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