Vestire Limited

Vestire Limited is a small, active company based in Hamilton, UK, founded nine years ago in 2016. With 20 employees and £1,154,975 in assets, it operates from a virtual address shared by 24 other companies – a bit of a red flag there. The company is led by two directors and has one owner, Cirignaco Anna. It runs an e-commerce site and regularly imports clothing and accessories, not knitted or crocheted, with five months of import activity recorded as of March 2024.

The company’s website positions Vestire Limited as a global apparel buying hub and exporter, offering services from design conceptualization to material sourcing and production. It boasts a network of partners and a team of sourcing specialists, catering to the textile industries. The site showcases a wide range of products, including kids’ and men’s clothing, and highlights its commitment to quality, service, and sustainability. The company has a lot of directors, and they all seem to be very enthusiastic.

Financially, Vestire Limited shows a mixed picture. Current assets increased by 6.8% to £1,200,000, while net assets rose 12% to £840,000 – a positive trend. However, cash reserves increased by only 7.6% to £1,100,000. Bank borrowings remain low, and trade debtors increased by 12% to £1,400. Creditors decreased slightly by 5.2% to £320,000. The company meets the criteria to be considered small, with turnover under £10.2 million and fewer than 50 employees. There's no auditor mentioned, which is standard for small companies.

Overall, Vestire Limited seems to be holding its own, benefiting from its global network and commitment to quality. The slight increase in assets and stable cash position suggest a healthy business, although the company should keep an eye on its debtors to ensure timely payments.

Registered in Scotland under the registration number SC524966, with a registered address at ML3 6JT, Scotland, Hamilton, 4 D Auchingramont Road.

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