The Firmwatch take
Submerge Clothing Ltd. is a 6-year-old textiles and apparel manufacturing, active on the Companies House register. The latest filed accounts (year to 31 May 2025) show £361 in net assets, with no distress signals detected. Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
2 public risk events on file
Pulse · Net assets
Only one period of accounts has been filed since this company was indexed. A trajectory will appear here as more filings arrive.
Incorporated
5 May 2020
6 years on the register
Sector
Wearing apparel manufacturing
SIC 14190 · matched to division
Size
Not classified
Net assets
£361
£361
Cash at bank
Not disclosed
Not required for this filing type
Risk events
2 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
20/100
watch risk
Estimated public-data value
£271 - £487
low confidence - net asset range
Sector comparison
Sector: Textiles and Apparel Manufacturing
Sample: 3,913 companies
Negative net assets: 23.1%
- Net assets vs sector median
- £241
- Working capital vs sector median
- Not disclosed
- Sector median current ratio
- 1.02
Thin net asset buffer
The company reports a small visible net asset position.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
Not disclosed
Current liabilities
Amounts due within one year (short-term creditors).
Not disclosed
Working capital
Current assets minus current liabilities.
Not disclosed
Fixed assets
Long-term tangible and intangible assets.
£361
Total assets less current liabilities
Fixed assets plus working capital.
£361
Net assets
What's left after liabilities are deducted from assets.
£361
Equity (capital & reserves)
Shareholder funds.
£361
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.