Wear Ari Ltd
- Small
- Active
- 3 years
- 1 employee
- £31,127 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
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
Summary
Wear Ari Ltd is a small, active company based in Bury, UK, founded three years ago in 1999. It's a solo-founder operation with one employee and £31,127 in assets, operating from a real address at Fernhills Business Centre. The company is run by Ernst Philippa Jayne, who is both the director and owner. It runs an e-commerce site selling athleisure wear, specifically gym sports bras, leggings, zip-up jackets, and hoodies, targeting women seeking comfort and confidence. The website showcases a range of colours and styles, with a focus on matching sets and pre-order options.
The company’s website, Wear Ari, highlights a mission to create high-quality athleisure, known for its matching zip-up jacket and leggings sets. The brand emphasizes supporting women of all shapes and sizes, promoting confidence and body positivity. It’s clear they're focused on a specific niche within the activewear market, with a strong visual identity and a focus on customer engagement through social media.
Financially, Wear Ari Ltd presents a mixed picture. While current assets decreased slightly to £31,000, trade debtors increased by a significant 29%, which could indicate a growing customer base or potentially delayed payments. However, equity plummeted by 97%, leaving just £85. Bank borrowings also increased, and cash reserves fell by 95%, leaving just £200. Creditors also increased. It’s a small company, meeting two of three criteria for small business status. There's no auditor mentioned, so the figures are unaudited.
Overall, Wear Ari Ltd appears to be navigating early-stage challenges. The company's focus on a specific niche and its commitment to body positivity are strengths, but the sharp decline in equity and dwindling cash reserves suggest it's burning through money. It’s a startup with potential, but it needs to manage its finances carefully to sustain its growth.
Registered in England/Wales under the registration number 13476343, with a registered address at BL9 5BJ, England, Bury, Fernhills Business Centre, Todd Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ernst Philippa Jayne
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ernst Philippa Jayne
- 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 2024-06-30Download 7 pages pdf report
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Confirmation statement made on 2024-04-04 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-06-30Download 7 pages pdf report
FAQ about Wear Ari Ltd
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