Mission Tailors Ltd

Mission Tailors Ltd is a small, active company based in Southampton, UK, founded seven years ago in 2017. It’s a family business with three directors and three owners, operating an e-commerce site selling specialist equipment. The company, registered at 32 Dunster Close, has a real address and employs no staff, meeting two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, Mission Tailors, caters to customers seeking premium quality, precision-crafted equipment, primarily for tactical and outdoor use. It offers a range of pouches, packs, panels, and accessories, with a focus on quick access and durability. The site supports multiple currencies and shipping options, indicating a global reach. They also offer custom work via Instagram.

Financially, Mission Tailors Ltd shows a mixed picture. Cash bank on hand increased significantly, rising 1100% to £1,100, while creditors jumped 590% to £1,600. Loans from directors also increased dramatically, by 1400% to £1,600. Despite this, net assets grew slightly, increasing 7.6% to £3,100. Trade debtors decreased, suggesting improved cashflow management. However, net current liabilities increased, reaching -£560. The company’s reliance on retained earnings, which grew 7.6% to £3,100, suggests it’s reinvesting profits rather than distributing them. No auditor is mentioned, as is common for small companies.

Overall, Mission Tailors Ltd seems to be navigating a period of growth, but the increased borrowing and negative current liabilities suggest it's potentially burning through cash to fuel expansion. The company’s niche focus and online presence offer potential for continued success, but careful financial management will be crucial.

Registered in England/Wales under the registration number 10995315, with a registered address at SO16 8DF, England, Southampton, 32 Dunster Close.

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.