White Label Sourcing Limited

White Label Sourcing Ltd from Glasgow, UK, is a small, active company founded nine years ago in 2015. Employing 16 people and holding £787,354 in assets, it operates from a real address and is led by one director and owner. The company runs an e-commerce site and regularly imports clothing and accessories (excluding knitted or crocheted items), with 59 months of import activity recorded. It also exports clothing and accessories made by knitting or crocheting, though less frequently, with just 2 months of export activity.

The company’s website highlights a focus on bespoke workwear, corporate wear, and sportswear, emphasizing customization and branding for businesses. It positions itself as a provider of truly bespoke merchandise, moving beyond generic products with logos, and caters to clients seeking fully customized clothing designed to meet their specific brand identity and business needs. The site emphasizes quick links to contact information, refund policies, and privacy policies, which is a good sign.

Financially, White Label Sourcing Ltd shows a mixed picture. While current assets increased slightly to £790,000, equity only grew a little to £570,000. Bank borrowings decreased by 20%, falling to £270,000, and cash reserves increased by 59%, reaching £160,000. However, creditors also increased by 9.5%, rising to £480,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s depreciation on computer equipment increased by 18%, and the company’s net current assets liabilities decreased by 9.9%. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Overall, White Label Sourcing Ltd appears to be financially stable, though the increase in creditors warrants monitoring. The company's focus on customization and bespoke services suggests a niche market strategy, and its e-commerce platform provides a direct channel to customers.

Registered in Scotland under the registration number SC517937, with a registered address at G46 8AU, Scotland, Glasgow, 1 Dornie Court Thornliebank Industrial Estate, Thornliebank.

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