A & M Textiles Limited

A & M Textiles Limited, based in High Wycombe, UK, is a small, active company founded ten years ago. With two employees and £113,606 in assets, it’s a solo-founded operation managed by a single director and owner, Majeed Bilal. The company boasts a stellar 5.0 Google rating from 83 reviews, indicating high customer satisfaction. It’s a regular importer, primarily bringing in knitted or crocheted fabrics, with its last import operation occurring three months ago.

The company’s website showcases a wide range of fabrics, from cotton and linen to viscose and silk, catering to dressmaking, upholstery, and crafting needs. It operates primarily as an online retailer, offering a diverse selection of fabrics and haberdashery items. The site’s design is clean and user-friendly, with clear product categories and detailed descriptions.

Financially, A & M Textiles Limited presents a mixed picture. While current assets increased by 43% to £110,000, cash bank on hand decreased significantly by 41% to £1,600. Creditors have increased substantially, with a 74% rise within the last year to £98,000, which could indicate increased reliance on short-term financing. Debtors have also increased dramatically, by 130%, suggesting potential issues with collecting payments. Equity, however, has also declined by 20%, which is a concern. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are filleted and unaudited, meaning they are exempt from a full audit.

The company's reliance on short-term financing and the decline in equity are areas to watch. Despite these challenges, the strong Google rating and diverse product offering suggest a loyal customer base and a potential for continued success.

Registered in England/Wales under the registration number 09494688, with a registered address at HP11 2HL, England, High Wycombe, 24b White Hart Street.

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