Verity Fashion Ltd

Verity Fashion Ltd, based in Leeds, UK, is a small, active company founded six years ago. With just one employee and £23,392 in assets, it operates as a solo-founder venture from a virtual address, sharing space with 98 other companies. The company is led by a single director and owner, Verity Charlotte Elizabeth, and runs an e-commerce site. It’s an irregular importer, bringing in clothing and accessories (excluding knitted or crocheted items) for short periods, with the last import occurring two months ago.

The company’s website, Verity Fashion, showcases a wide range of clothing and accessories, catering to a global audience with options to select currencies and regions. It prominently features travel-themed apparel and accessories, alongside a selection of shirts with animal, sarcasm, dad, pride, and travel designs. The site also offers custom shirt printing services and highlights trending items like "Dumpster Fire" and "Adventure Buddie's" shirts. A subscription option encourages repeat customers with exclusive offers and discounts.

Financially, Verity Fashion Ltd’s numbers paint a concerning picture. Current assets have plummeted by 81%, dropping to just £23,000, while net assets have also seen a significant decline, falling 140% to a negative £3,900. Bank overdrafts remain constant at £86,000, and cash reserves have shrunk dramatically by 70%, leaving only £22,000. Trade debtors have also decreased significantly, while creditors remain steady. The company’s small size (meeting two of three conditions for being considered small) means it’s exempt from an audit, and the accounts are unaudited.

While the e-commerce site appears active and offers a diverse range of products, the financial data suggests Verity Fashion Ltd is facing challenges. The sharp decline in assets and the negative equity raise questions about its long-term sustainability, and it's not clear if the company is burning through cash to maintain operations.

Registered in England/Wales under the registration number 11871686, with a registered address at LS7 3JB, United Kingdom, Leeds, West Yorkshire, Unit-9 Gemini Business Park, Sheepscar Way.

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