Untuckit Uk Ltd

Untuckit Uk Ltd is a small, active company based in London, UK, founded six years ago in 2019. With £1,424,358 in assets and a virtual address, it operates as a solo-founded e-commerce site, employing seventeen people and overseen by one director and owner. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with ninety-four months of import activity and four months of export activity.

The company’s website, Untuckit UK, offers a wide range of men's clothing, including button-down shirts, polos, tees, and more. It emphasizes wrinkle-free collections, performance styles, and a unique "untucked" fit. The site features promotional content, style guides, and customer testimonials, all designed to drive sales and build brand loyalty. It’s a modern retail operation, clearly focused on online sales and a curated product selection.

Financially, Untuckit Uk Ltd’s recent performance shows some concerning trends. Current assets have decreased by 16% to £1,400,000, while net assets have declined by 19% to -£4,500,000. Bank borrowings have increased by 14%, reaching £5,700,000, and cash reserves have fallen by a significant 72% to £48,000. Trade creditors have decreased by 76%, suggesting better debt management, but the large net loss is a worry. 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 equity decline warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Untuckit Uk Ltd appears to be facing financial pressures despite its active e-commerce presence. The company’s focus on a specific niche and its online sales model offer potential for growth, but it will need to address its declining equity and manage its cash flow effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 11941329, with a registered address at EC2Y 5EB, United Kingdom, London, 6th Floor One London Wall.

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