You Underwear Ltd

You Underwear Ltd is a small, active company based in Oxford, UK, founded eight years ago in 2016. It employs just two people and holds £299,174 in assets, with a real registered address and two directors and owners at the helm. The company regularly imports clothing and accessories made by knitting or crocheting, with 16 months of import activity recorded. It also exports clothing and accessories, but irregularly, with just one month of export activity.

The company’s website, youunderwear.com, showcases a range of ethically sourced and sustainably produced underwear for men, women, and girls. It emphasizes organic cotton, positive affirmations printed on the garments, and a commitment to fighting poverty by donating underwear to those in need. The site’s design is clean and modern, with high-quality product photography and a user-friendly shopping experience. It’s clear the company is aiming to appeal to conscious consumers who value both style and social impact.

Financially, You Underwear Ltd shows a mixed picture. While current assets increased by 28% to £300,000, net assets surged an impressive 1300%, reaching £27,000 – a significant turnaround. Bank borrowings remained stable, and cash reserves increased by 46% to £47,000. However, creditors also rose by 17% to £270,000, suggesting a reliance on trade credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors should be monitored. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on ethical sourcing and social impact seems to be resonating with customers, as evidenced by the website’s positive messaging and product offerings. However, the increase in creditors suggests a need to carefully manage cash flow and maintain strong relationships with suppliers. It's a good sign the company is growing, but it needs to keep a close eye on its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 10479908, with a registered address at OX2 7TF, England, Oxford, 11 Bodley Place.

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