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Clothes2order Limited

03048427

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 9 WHEEL FORGE WAY, TRAFFORD PARK, M17 1EH
Incorporated 21/04/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear

Officers

Mr Michael David Conway

director · Since 08/08/1995

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 4 other boards

Michael David Conway

secretary · Since 20/04/2000

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Mr Sam Jones

director · Since 10/05/2018

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Simon Turner

director · Since 10/05/2018

SALES DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mr Paul David Fairclough

director · Since 01/05/2021

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Quayside 2012 Ltd

75–100% shares
75–100% votes

Unit 9, Wheel Forge Way, Manchester, M17 1EH

Reg: 08043635 · Companies House · Limited

Notified 06/04/2016

Mr Michael David Conway

Significant control

British · England · Age 61

17, Erskine Hill, London, NW11 6EY

Notified 21/04/2016

Charges0 outstanding

charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 07/08/2012Registered 16/08/2012Satisfied 25/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/12/1999Registered 10/01/2000Satisfied 25/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/10/1998Registered 06/11/1998Satisfied 25/08/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/10/1998Registered 22/10/1998Satisfied 25/08/2016
charge
satisfied

ARGENT CREDIT CORPORATION PLC

Created 26/09/1997Registered 03/10/1997Satisfied 30/10/1998
charge
satisfied

ARGENT CREDIT CORPORATION PLC

Created 19/05/1997Registered 02/06/1997Satisfied 30/10/1998

CompanyRankvs 1320+ SIC 46420 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£607k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£887k

Bottom line earnings

Net Current Assets

-£199k

Working capital

Current Assets

£2.9M

Current Liabilities

£3.1M

Fixed Assets

£1.1M

Debtors

£1.2M

Cost of Sales

£5.2M

Admin Expenses

£8.7M

Profit After Tax

£650k

155avg. employees-2

Tax at Year End

Corp tax£201k
Dividends paid£360k

People Costs

Wages & salaries£4.8M

Balance Sheet

Intangible assets£288k
Bank loans & overdrafts£4k
Assets less current liabilities£932k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94+£485k
20230.87-£1.0M
20221.29+£319k
20211.20+£292k
20201.23-£248k
20190.98

Derived from filed accounts. Not audited figures.