Vogue Sourcing Limited

Vogue Sourcing Ltd from Manchester UK: a large company, holding company, active status, founded 7 years ago, employing 142 people, holding £22,721,338 in assets, and generating £95,711,126 in yearly revenue, operates from a real address and is overseen by three directors and one owner. The company regularly imports clothing and accessories, not knitted or crocheted, with 289 months of import activity.

The company’s primary activity appears to be wholesale of clothing and footwear, though a website is not available to confirm this. It's a sizable operation, meeting the criteria for a large company: turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees.

Financially, Vogue Sourcing Ltd shows a mixed picture. While cash and cash equivalents decreased by 32% to £3.3 million, net assets increased by 13% to £8.9 million. However, administrative expenses rose significantly by 17% to £11 million, and net loss was down 73% to £1 million. Bank borrowings remained stable at £840,000. Trade debtors increased by 35% to £18 million, while trade creditors also rose by 24% to £12 million. The company’s turnover decreased by 11% to £96 million.

The significant increase in administrative expenses, coupled with the drop in cash reserves, suggests the company may be investing heavily in its operations or facing increased costs. The rise in trade debtors could indicate challenges in collecting payments from customers. The lack of an auditor mentioned (likely exempt as a large company) means the financial data is unaudited. Overall, Vogue Sourcing Ltd seems to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 11074230, with a registered address at M16 0PQ, England, Manchester, 3rd Floor, Oakland House Talbot Road, Old Trafford.

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