304 Clothing Limited (08191049): administration
- Status
- Administration ended
- Administration began
- 2023-05-11
- Administrators
- Glyn Mummery, Julie Humphrey
- Administrators' firm
- FRP Advisory
- Formerly
- 304# Clothing Limited
- Incorporated
- 2012-08-24
- Location
- Brentwood
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- COVID-19
- Rising costs / inflation
- Cash flow / liquidity pressure
- Brexit
From the administrators' statement
Established in 2012 the Company operated in the fast fashion industry as a print on demand online clothing brand selling a range of leisurewear/streetwear clothing and accessories to men, women and juniors.
The business began in 2012 with handmade vests and t-shirts produced by the directors and sold mainly to friends and family whilst they were working full time jobs. The limited company was incorporated shortly thereafter. By 2015/16 the directors went full time as the brand grew, selling in multiple countries via their online website growing its revenue from c. £500k to c. £1.6m annually.
It had a director team of 3 and employed 9 members of staff, trading from warehousing/workspace situated in Birmingham.
Administrators' statement of proposals (2023-05-22) · Companies House register