360 Brand Group Ltd

360 Brand Group Ltd from Heywood UK: a small, active company founded nine years ago, employs 22 people, and holds £4,035,566 in assets. It’s a real address with two directors and one owner. The company regularly imports clothing and accessories made by knitting or crocheting (559 months imported), but exports irregularly (1 month exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the other business support service activities n.e.c. industries. Its website is not available for review.

Financially, 360 Brand Group Ltd shows a mixed picture. Current assets increased by 26%, reaching £4,000,000, while net assets surged 100% to £1,900,000. Bank borrowings increased by 290%, reaching £1,900,000, and cash reserves increased by 290% to £1,900,000. Trade debtors decreased by 22%, suggesting better debt management. Creditors decreased by 35%, and other creditors increased by 40%. The company’s small size helps it stay agile, but the increase in bank borrowings raises questions. The company is not audited.

The company's financial data suggests a period of growth, with significant increases in assets and cash reserves. However, the increase in bank borrowings and decrease in trade debtors may indicate a reliance on external financing and potential challenges in collecting payments. The company’s small size and lack of audit may limit transparency, but its growth trajectory suggests a period of expansion.

Registered in England/Wales under the registration number 09803321, with a registered address at OL10 2TS, England, Heywood, Unit B4 9&10, Heywood Distribution Park.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.