Agi Textiles Ltd

Agi Textiles Ltd, based in Richmond, UK, is a small, active company founded seven years ago. With £25,073 in assets and a real address, it’s a solo-founded operation managed by one director and owner. The company regularly imports and exports clothing and accessories—not knitted or crocheted—with three months of import activity and four months of export activity recorded as of March 2022.

The company's website showcases a comprehensive manufacturing operation, specializing in men’s garments, denim apparel, and polyester performance wear. It emphasizes quality, trust, and a commitment to innovation, offering services from textile production to garment stitching and pattern creation. The site highlights a focus on sustainability, including collaborations with local testing labs and a commitment to waterless and environmentally friendly washing processes. It also boasts a global reach, serving 350 trusted clients and operating from offices in New York, Ethiopia, and Pakistan.

Financially, Agi Textiles Ltd presents a mixed picture. Current assets have decreased slightly, falling by 4.5% to £25,000. However, net assets have increased by 21%, reaching £9,900. Bank borrowings have also risen significantly, increasing by 21% to £12,000. Trade debtors have increased by 19%, suggesting a potential reliance on customer payments. 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. As a small entity, it is exempt from an audit, and the financial statements are unaudited.

Despite the increase in net assets, the rise in bank borrowings and the slight decrease in current assets suggest that Agi Textiles Ltd might be reinvesting in its operations. The company's focus on sustainability and its global reach indicate a long-term strategy, but the financial data shows it's a delicate balance.

Registered in England/Wales under the registration number 10799051, with a registered address at TW9 4FE, England, Richmond, Flat 6 Verdant House, Levett Square.

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