Clare Corporate Ltd

Clare Corporate Ltd from Chorley UK: a small, active company founded five years ago, employs three people, and holds £414,878 in assets. It’s a solo-founded operation with one director and owner. The company regularly imports clothing and accessories, not knitted or crocheted, with four months of import activity recorded.

The company operates in the retail sale of clothing in specialised stores, and its website, Corporate Wear Specialists, showcases a focus on premium corporate wear. It’s clear they’re targeting businesses looking to project a professional image, offering tailored suits and a wide range of suiting labels like Armani Collezioni and Hugo Boss. The website emphasizes a personal, business-to-business service and encourages potential clients to contact them for a consultation. They even offer a brand image service, suggesting a focus on more than just selling clothes. It’s an ecommerce business, with a phone number, email address, and physical address listed.

Financially, Clare Corporate Ltd presents a mixed picture. Accumulated depreciation for property, plant, and equipment increased, with a particularly noticeable rise in furniture fittings. Cash bank on hand grew by nearly 3%, while loans from directors dramatically decreased, moving from a negative balance to -£15,000. Trade debtors also saw a significant jump, rising by over 380%. Equity increased by 27%, which is good news. While the company meets the criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the rise in debtors could indicate some challenges in collecting payments. No auditor is mentioned, which is common for small companies.

Overall, Clare Corporate Ltd seems to be navigating a period of change. The increase in debtors and the decrease in loans suggest they are expanding their business, but also potentially facing some cash flow pressures. It's a small, solo-founded company with a clear focus on corporate wear—a niche market that could offer stability, but also requires careful management.

Registered in England/Wales under the registration number 12448019, with a registered address at PR6 8AZ, United Kingdom, Chorley, The Stables Withnell Fold, Withnell.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.