Urban Edge Clothing Ltd
- Small
- Active
- 3 years
- £3,089 (assets)
- Virtual address
- 1 director
- 2 owners
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Urban Edge Clothing Ltd, based in Manchester, UK, is a small, active company founded two years ago. It boasts a Google rating of 5.0 from two reviews, despite having only £3,089 in assets and operating from a virtual address shared by ninety-nine other companies. The business is run by one director and two owners, though the list of owners may not be exhaustive.
The company’s website showcases a range of teen clothing, including tees, shirts, skirts, and dresses, with a focus on a "fun, playful, and effortlessly cool vibe." New arrivals are prominently featured, and the site offers various payment options and a clear refund policy. It’s a modern e-commerce operation, clearly targeting a younger demographic.
Financially, Urban Edge Clothing Ltd shows some positive trends. Cash bank on hand increased by a substantial 220%, reaching £3,100, while creditors rose by 200% to £1,600. Current assets also saw a healthy 190% increase to £3,100. However, net current assets liabilities also increased by 180% to £1,500, and debtors dropped to zero, which could indicate issues with collecting payments. Equity increased by 230% to £1,400, and retained earnings also rose by 180% to £1,500. Despite meeting two of three criteria for a small company, the increase in liabilities suggests the company is burning through cash, although it’s likely reinvesting in inventory or marketing. With no auditor mentioned, the figures are unaudited.
It appears Urban Edge Clothing Ltd is a small but active e-commerce business with a strong online presence. Whether it can sustain its growth and manage its increasing liabilities remains to be seen.
Registered in England/Wales under the registration number 14094641, with a registered address at M4 4EY, England, Manchester, Greater Manchester, 10 Park Place.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Chauhan Vandana
- 3 years
- 25%+
- 🇬🇧
Resident of United Kingdom
-
Individual
- Thapar Deep
- 3 years
- 25%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- Thapar Deep
- 3 years
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 7 pages pdf report
-
Previous accounting period shortened from 2024-05-30 to 2024-05-29Download 1 page pdf report
-
Confirmation statement made on 2024-05-08 with no updatesDownload 3 pages pdf report
FAQ about Urban Edge Clothing Ltd
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