Aa Textiles Ltd

Aa Textiles Ltd is a small, active company based in Stockport, UK, founded nine years ago in 2015. With £391,941 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner. The company operates in the wholesale of textiles industries, importing clothing and accessories made by knitting or crocheting – a regular activity spanning 92 months, with the last import recorded in January 01, 2022. It employs five people.

The company’s website is non-existent, which makes it difficult to ascertain if it operates an e-commerce site or solely functions as a wholesale supplier. Without a website, it’s impossible to gauge its online presence or customer interaction strategies.

Financially, Aa Textiles Ltd presents a mixed picture. Net assets have plummeted by a staggering 350%, falling to -£38,000 – a significant downturn. Bank overdrafts have decreased by 30%, reaching £44,000, and cash reserves have increased by 11%, reaching £74,000. Trade debtors have decreased by 7.5%, reaching £68,000, while creditors have decreased by 3.3%, reaching £430,000. Current assets have decreased by 10%, reaching £390,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Aa Textiles Ltd is facing financial challenges. The decline in equity suggests potential cash flow problems, although increased cash reserves offer some respite. The company’s wholesale focus and solo founder structure may contribute to its operational simplicity, but also its vulnerability to market fluctuations.

Registered in England/Wales under the registration number 09876985, with a registered address at SK5 6PH, England, Stockport, 1 Kenwood Road.

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